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Kiryat Gat Outpaces Tel Aviv and Jerusalem in New Apartment Sales
New apartment sales in Kiryat Gat have surged, surpassing Tel Aviv and Jerusalem according to Q3 2026 data. Nationwide, new apartment sales saw a year-over-year increase driven by government subsidies, while the second-hand market declined. Kiryat Gat led new sales, with Haifa and Tel Aviv following.
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What happened
- 01Kiryat Gat's new apartment sales surged in Q3 2026, exceeding those in Tel Aviv and Jerusalem.
- 02Government subsidies accounted for 35.7% of new apartment sales nationwide in Q3 2026.
- 03The second-hand apartment market saw a 14.2% year-over-year decrease in transactions.
- 04Over 85,000 new apartments remained unsold nationwide at the end of September 2026.
- 05Tel Aviv district holds the largest share of unsold new apartments, with approximately 26,500 units.
A large inventory of over 85,000 unsold new apartments persists, with Tel Aviv and Jerusalem holding the most stock.
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