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The number of new apartments in demand increased by 9% within three months Israel today

2021-10-14T10:45:39.574Z


The city with the largest number of apartments sold in June-August: Ashkelon - 1,028 apartments • In second place, Bat Yam with 1,003 apartments; And on Tuesday - Tel Aviv-Yafo with 984 apartments •


The requested amount of new dwellings in June-August was about 16,840 dwellings.

This is an increase of 9% compared to the previous three months.

This is according to data from the Central Bureau of Statistics.

The requested quantity of new dwellings consists of 82% of new dwellings sold to the general public, and of 18% of new dwellings not for sale that have begun construction.

According to reports to the Tax Authority, in June-August 2021, approximately 13,980 transactions were sold for the sale of new apartments, of which 15.5% were transactions that have not yet been reviewed and approved by the Tax Authority.

After a seasonal adjustment, there is an increase of 8.4% in this period compared to the previous three months, March-May 2021. Examination of the trend data shows that the requested amount of new dwellings increased from January 2021 at a rate of 1.6% per month.

Based on the CBS 'monthly survey, in June-August 2021, approximately 13,810 new dwellings were sold, an increase of 10.8% compared with the previous three months (March-May 2021.). Previous.

An examination of the trend data shows that from March 2018, an increase of 2.3% per month was observed, with volatility in the number of new dwellings sold.

The number of new non-sale dwellings that began construction in June-August 2021 is about 3,030 dwellings, an increase of 1.5% compared to the previous three months.

After a seasonal adjustment, there is a decrease of 1% in the same period compared to the previous three months.

In the last 12 months, ie in September 2020-August 2021, there has been a 20.1% increase in the requested number of apartments compared to the same period last year.

As for the number of apartments requested for sale, there was an increase of 32.3% in the same period compared to last year.

Compared to August 2021 to July 2021, there was a 13.1% decrease in the total amount of new apartments requested and a 17% decrease in the requested amount of apartments for sale.

In the three months June-August 2021, about 24.6% of the total amount of new apartments requested were in the Tel Aviv District, about 24.2% - in the Central District;

About 18.1% 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 requested amount of new apartments in the Jerusalem District.

In the Judea and Samaria region, this figure was 2.2%.

The share of dwellings sold out of the nationally demanded quantity was 82.0%.

In the Tel Aviv District, the percentage of dwellings sold out of the total quantity requested was 96.7%, compared with approximately 52.9% in the Northern District.

The localities in which more than 500 apartments were sold in June-August 2021 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 concentrated in these cities.


At the top of the list of localities where there was an increase in the sale of new apartments compared to the previous three months are Bat Yam with an increase of 232.1%;

Bnei Brak with an increase of 191.3%;

Kiryat Yam with an increase of 102.7%;

Ashdod with an increase of 88.3%;

Netivot with an increase of 87%;

And Beit Shemesh with an increase of 83.1%.

The main localities in which there was a decrease in the sale of new apartments compared to the previous three months are: Kiryat Ono with a decrease of 55.3%;

Plowing with a decrease of 26.8%;

Modiin-Maccabim-Reut with a decrease of 25.3%;

Petah Tikva with a decrease of 21.7%;

Raanana with 18.9%;

And Jerusalem with a decrease of 14.4%.

About 3,030 new apartments were not for sale, constituting 18.0% of the requested quantity.

Of these, in June-August 2021, 77% of the total number of apartments that began construction for non-sale purposes were for self-use purposes, ie self-construction and "building your own home".

Of these, 37.1% were in the Northern District and 20.7% in the Southern District, compared with 7.6% in the Jerusalem District and 3.2% in the Tel Aviv District.

At the end of August 2021, the number of new apartments left for sale was 44,980.

The number of supply months in the three months June-August 2021, ie the number of months that will pass until all the apartments left for sale are sold, is 99 months on average.

This is on the assumption that the sales rate in these months will be the same as the sales rate recorded during August 2021.

Source: israelhayom

All news articles on 2021-10-14

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