[HIGHLIGHTS] Now it's official, the housing market is waking up: a sharp jump in the number of transactions in January - voila! Real estate

The total number of transactions (new and second hand) was 8,053, an increase of 14% compared to to January of last year. For the first time since March 2022, a month before the Bank of Israel began to raise interest rates in the economy, a sharp increase of 32% was recorded.

In January, there were 3,716 apartments, including government subsidized apartments. This is the highest level of contractor sales since May 2022. A sharp increase in the purchase of young couples in January to 4,705 apartments.