In June-August, the requested number of new apartments was about 16,840. This is an increase of 9% compared to the three months before them, according to data from the Central Bureau of Statistics (CBS) published yesterday.
The previous CBS publication also broke a 15-year demand record, with sales of 15,000 new apartments. Not all demand is translated into free market transactions - 18% of new dwellings were built by self-builders, but they are also included in the "demand for new dwellings" count. An examination of the trend data shows that since March 2018, an increase of 2.3% per month was observed, with volatility in the number of new dwellings sold.
The number of new apartments for sale, which began construction in June-August, is about 3,030, an increase of 1.5% compared to the previous three months. In the last 12 months, there has been a 20.1% increase in the desired number of apartments, compared to the same period last year. In these three months, about a quarter (24.6%) of the total number of apartments requested were in the Tel Aviv District, and another quarter (24.In the Central District.
About 18.1% were in the Southern District, about 12.8% in the Haifa District and about 11.2% in the Northern District.
This is compared to only about 7% of the total demand for new apartments in the Jerusalem district.
In the Judea and Samaria region, this figure was 2.1%. The
localities in which more than 500 apartments were sold in June-August are: Ashkelon with 1,028 apartments; Bat Yam with 1,003 apartments; Tel Aviv-Yafo with 984 apartments; Bnei Brak with 667 apartments; Ramat Gan with 533 apartments and Netanya with 523 apartments. About a third of the new apartments sold are in these cities. A new record in the onslaught of new apartments - half in Tel Aviv and the center
