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Israel's Housing Market Sees Sales Plunge, Record Unsold Inventory
Israel's housing market experienced a significant slump in the third quarter of 2026, with sales down 7.3% year-over-year and unsold inventory reaching a record high of 85,080 units. Developers are offering incentives to boost demand, while the investment sector has seen a 29% drop in purchases.
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מה קרה
- 01Israel's housing market saw a 7.3% year-over-year sales decline in Q3 2026.
- 02Unsold housing inventory reached a record 85,080 units, representing 26 months of sales.
- 03Jerusalem and Tel Aviv have the highest numbers of unsold apartments.
- 04The resale market experienced a 14% drop in sales, while new construction sales fell 12%.
- 05Developer incentives and financing offers are being used to stimulate the market.
- 06Investor purchases dropped 29% year-over-year in September.
- 07Foreign buyer activity rose 33% in September, primarily from US passport holders.
Foreign buyer activity increased by 33% in September, but this has not offset the overall market slowdown.
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