More than half of all unsold apartments throughout the country, about 37 thousand apartments, are in the areas of greatest demand: Tel Aviv and the center. At the bottom of the list of cities, the cities of Kfar Saba, Herzliya and Hadra stand out with a dwindling supply of new and non-addicted apartments left by contractors.
In second-hand apartments, a decrease of 2.6% was observed compared to the same period last year and an increase of 63.1% compared to previous three months September-November 2023. In terms of the trend of the total number of new apartments sold, it appears that from September 2021 to July 2023 there was an average of 3.3% decrease in the number of apartments sold. In the three months December 2023-February 2024 About 21,580 apartments were sold, an. increase of 10.6%, compared to last year (December 2022-February 2023) And 47.5% of thetotal apartments sold are new, about 10,260 apartments, about a quarter (24.1%) of which were sold with government subsidies.