Housing Prices Rise in Haifa’s High-Demand Neighborhoods Despite National Cooling
Translated & summarized from Mako by baba
A study shows that housing prices in Haifa’s popular neighborhoods Ahuzat and Neve Shaanan have risen between 2023 and 2026, despite a national real estate slowdown. Prices in Ahuzat increased by 8.4%, and Neve Shaanan saw a 4.7% rise, driven by concentrated local demand.
The story in 6 lines · by baba
- Housing prices in Haifa’s Ahuzat and Neve Shaanan neighborhoods rose despite national market cooling.
- Ahuzat’s median price per square meter increased by about 8.4% from 2023 to 2025.
- Neve Shaanan saw a 4.7% price increase continuing into early 2026.
- The study analyzed 581 real estate transactions from January 2023 to July 2026.
- Localized demand concentration explains the price rises amid a broader market slowdown.
- Dr. Asaf Gastfreund led the research highlighting neighborhood-level market differences.
A new study analyzing hundreds of real estate transactions in Haifa reveals that housing prices in the city’s sought-after neighborhoods continue to rise, defying the broader national trend of market cooling. The research, conducted by real estate appraiser and lawyer Dr. Asaf Gastfreund, examined 581 property sales from January 2023 through July 2026 in the neighborhoods of Ahuzat and Neve Shaanan.
The findings show a significant increase in median price per square meter in Ahuzat, which rose approximately 8.4% from around 24,000 to 26,000 shekels between 2023 and 2025. Neve Shaanan also experienced a price increase of about 4.7%, with this upward trend continuing into early 2026. These gains occurred even as much of the Israeli real estate market experienced a slowdown.
Dr. Gastfreund emphasized that the Israeli housing market is not uniform, nor is the market within Haifa itself. Each neighborhood behaves differently based on localized demand. The study suggests that the concentrated demand in these central Haifa neighborhoods is the key factor sustaining and driving price increases despite the national market’s cooling phase.
This localized demand concentration means that while the broader market adjusts, Ahuzat and Neve Shaanan maintain a positive price trajectory, highlighting the diversity within Israel’s real estate landscape.
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