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Full coverage· Economy· Updated

Real Estate Slowdown Hits Tel Aviv Hardest, Data Shows

Israel's real estate market is in a slowdown, with 85,080 new apartments unsold nationwide as of September. The Tel Aviv and Central districts hold over half of these unsold units. Total apartment sales decreased by 5.7% from the previous quarter.

2 newsrooms · 1 language · since

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What happened

  1. 01Over 85,000 new apartments remained unsold in Israel by the end of September.
  2. 02Tel Aviv and Central districts account for over half of all unsold new apartments.
  3. 03Total apartment sales dropped 5.7% in the third quarter compared to the previous one.
  4. 04Luxury sales in Tel Aviv are preventing a larger increase in unsold units.
  5. 05A market recovery is anticipated to begin in early 2026.

A reversal is expected starting in early 2026, with projected monthly sales increases.

Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

2 newsrooms on this story

Who covered it

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How it broke

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