Israeli Home Sales Fell Nearly 30% in April, but Some Cities Kept Rising

Israel’s Central Bureau of Statistics said 5,120 apartments were sold in April, down about 29.5% from March. Of those transactions, roughly 42% were new homes and 58% were second-hand units. The bureau said about 1,420 of the new homes sold were not subsidized by the government, meaning sales of unsponsored new apartments fell about 33% from around 2,110 in March.

The unsold inventory held by developers edged down 1.5% from March and stood at 84,000 apartments at the end of April. The CBS noted that not all of those units are completed and ready for delivery, and a significant share already has building permits but is still under construction.

Looking at the February-April 2026 period, about 39% of all apartments sold were new homes, and a quarter of those new units were government-subsidized under the “Apartment at a Discount” and “Price for the Buyer” programs. Total apartment sales in that three-month stretch were about 20,610, down 15.5% from November 2025-January 2026 and 11% below the same period a year earlier.

New-home sales in February-April fell 12% from the previous three months and 7.5% year over year. Sales of non-subsidized new homes fell 7% from the prior three-month period to about 5,950 units. Second-hand home sales dropped 18% from the previous period and 13% from a year earlier. By region, the Central and Southern districts led overall sales, with 26.5% and 21% of the total, while Tel Aviv-Yafo, Jerusalem and Kiryat Gat led new-home sales, and Jerusalem, Haifa and Beersheba led second-hand sales.