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A sharp increase in transactions in the north: this is the surprising city in first place - voila! Real estate

2024-02-25T08:42:35.984Z

Highlights: A sharp increase in transactions in the north: this is the surprising city in first place - voila! Real estate. Re/Max reveals surprising data: it seems that the war does not deter the Israelis, when in January 2024 there was a 19% increase in the buying/selling of apartments compared to January last year. After Nahariya, the list of cities where the most transactions were made in January is in second place Netanya, followed by Beer Sheva, Hadera and Ramla.


Re/Max reveals surprising data: it seems that the war in the north does not deter the Israelis, when in January 2024 there was a 19% increase in the buying/selling of apartments compared to January last year


Nahariya/ShutterStock

It is true that in the south of the country the fighting continues at a high intensity in the Gaza Strip, and in the north thousands of Israelis are still being evacuated from their homes as part of the "Iron Swords" war, but according to RI/Max Israel there is a great recovery in the volume of transactions last January, with Nahariya leading the charge.



According to January 24 data gathered at the headquarters of the brokerage company, which has over 100 branches and 1500 brokers and franchisees throughout the country, the chain made 60 sales/purchase transactions, without rentals, in Nahariya alone this month, which places Nahariya in first place in Israel in terms of The number of transactions made in it.



After Nahariya, the list of cities where the most transactions were made in January is in second place Netanya (57 transactions), followed by Beer Sheva (55 transactions) Hadera (54 transactions) and Ramla closes the top five with 42 transactions of apartment sales.



As you can see, the trend of awakening in the market is in many parts of the country and compared to January 23 there was an increase of 19% in January 24 in the RE/MAX network in the number of transactions of selling/buying apartments.

"The Israeli public is stronger than ever"

According to the Re/Max company, the high activity in the region these days is evidence that the Israeli investor continues to believe in the North and may even recognize real estate opportunities, despite Hezbollah's threats.



Bernard Raskin, CEO of Re/Max Israel, who commented during the conference on commercial real estate He also said for the sales of second-hand apartments: "We see an increase in the volume of transactions for the sale and purchase of second-hand apartments last January, very significantly in light of the fact that we are in the middle of an event of a difficult war, which indicates that the Israeli public is stronger than ever and its confidence and trust in the state Israel and in the local real estate market is unquestionable."

  • More on the same topic:

  • real estate

  • Nahariya

Source: walla

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