According to the Central statistical Bureau (CSB), in April 2017, an Israeli real estate developers sold 1.927 apartments. This is 15.7% less than in March, and 23.4% less than in April last year, the newspaper «Globs».
Thus, the downward trend in sales on the Israeli primary housing market observed over the past 11 months.
The leader in sales of new housing in April was the Central district (554). The smallest number of new apartments were sold in Judea and Samaria (116).
As previously reported, in the first quarter of 2017, according to the CSB, housing in Israel fell by an average 2.9% compared to the previous quarter. We are talking about the most significant quarterly decline in apartment prices in almost ten years – since the fourth quarter of 2007.
— Sale, purchase and rent housing in Israel