Data from the Chief Economist at the Ministry of Finance indicate a sharp annual decline of 46 percent in home sales last March compared with March of last year. The declines in the north and south were more moderate than in Tel Aviv and the center.
Real estate experts analyze: "What is expensive to the middle class in the center, it can afford in the periphery" "Many young couples and housing developers have grown tired of waiting for prices to fall," says American Israel Investments CEO. "Be'er Sheva is still an attractive destination for solid investors," says Anglo-Saxon franchisee in the city.