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Economy04:21 · Jan 16

Three Five-Room Apartments in Ashdod Towers Sold for a 3.5 Million Shekel Gap

By TheMarker נדל"ן
Translated & summarized from TheMarker by baba
The story · English

Three five-room apartments in towers in Ashdod were sold at a price spread of 3.5 million shekels, according to the article's real estate report. The piece highlights the range in values for similar homes in the same city and building type, underscoring how sharply prices can differ even within one market.

The article appears in a broader news roundup that also includes separate items on mortgages, housing demand, and other economic and social issues. It notes that in May, the public took out 9.7 billion shekels in mortgages, up 22%.

Other linked reports mention a dispute over parking spaces in a Tel Aviv building under TMA 38, questions about whether to buy now or wait as the contractor-loan era is said to be over, and an ad offering 10,000 dollars to anyone who brings buyers for an apartment. The article also references a reverse relocation story, a warning about operating cranes from the ground, and a feature on autism in 2025.

The page further lists separate stories on the shekel-dollar exchange rate, mutual hedge funds, the difference between Tel Aviv 35 and Tel Aviv 125 stock indexes, where Israel's housing market is heading in 2026, and an internal finance ministry move that reportedly pushes high-tech companies to cut worker salaries by 20%.

Read the original at TheMarker
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