Economy · Full coverage
Israel’s Housing Market Sees 10.6% Drop in Sales Amid Mixed Trends in New and Resale Homes
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Ynet · 1 hour ago
What happened
Israel’s housing market experienced a 10.6% drop in sales from March to May 2026, driven by a sharp decline in resale home transactions. New home sales remained stable, supported by government subsidies. Jerusalem leads in unsold new home inventory, signaling a cooling market overall.
- 01Israel’s real estate transactions fell 10.6% between March and May 2026 compared to the previous quarter.
- 02Resale home sales dropped 17.2%, while new home sales slightly increased by 0.4%.
- 03Jerusalem led resale sales with 847 transactions but saw a 16.3% decline from the prior quarter.
- 04Ashdod’s new home sales surged 115.6%, contrasting with declines in other Haredi cities like Beit Shemesh and Bnei Brak.
- 05Unsold new home inventory reached 84,130 units, equal to 28.9 months of supply at current sales rates.
- 06Jerusalem holds the highest number of unsold new homes among large cities, surpassing Tel Aviv-Yafo.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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