Itzik Levy, chairman of the National Association of Real Estate Brokers, relates to the dismal situation in the market. "The slowdown is felt throughout the country, and especially in the periphery, because the market there is fed mainly by investors," he says.
Levy: "It is important to emphasize: stopping across-the-board transactions is not the way to make real estate prices accessible to the public" "More than <> per cent of realtors are no longer able to sell apartments and make a living," he adds.