Israel's Central Bureau of Statistics (CBS) reported a decline in overall apartment sales during March–May, while new apartment sales rose, according to ynet. The data provides a mixed picture of the housing market.
The Central Bureau of Statistics (CBS) published its apartment sales data for March–May on Tuesday, reporting a decline in overall sales while new apartment sales increased, according to ynet.
Earlier today (13:06 Jerusalem), The Zioneer reported an increase in apartment sales based on preliminary figures. The full CBS release shows that while new apartment sales rose, total sales — including second-hand units — declined.
The housing market has faced headwinds during the war. In April, apartment sales fell 19% year-on-year to 5,081 units, the Finance Ministry's chief economist reported (via N12). Apartment prices dropped 0.3% in March–April, with sharp declines in Jerusalem and Haifa (N12). Land prices fell 4.9% between 2024 and 2025, according to the CBS's first official land-price index (N12).
Further details on the March–May data, including regional breakdowns, have not yet been released.
2 developments
- StrongIsrael apartment sales fell 19% in April year-on-year, chief economist says
- ConfirmedIsrael apartment prices fall 0.3% in March-April, with sharp drops in Jerusalem and Haifa
- DevelopingShare of high-tech workers among Tel Aviv second-hand home buyers drops sharply in April, chief economist says
- DevelopingLand prices fell 4.9% in Israel in 2024-2025, first official index data shows
Source and signal
- Internal intake