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CSB: in 2015, sales of new apartments in Israel reached a record level

Central Bureau of statistics on Thursday, 4 February, data published by the Israeli primary residential real estate market in 2015.

According to CBS, last year in different parts of the country were sold 32.370 about new apartments that on 40,3% more than in 2014. This is the highest number since 1990 when CBS started to collect data on transactions in the housing market under the current scheme, the newspaper «Globes».

In the Central district were sold 9.926 apartments in tel Aviv – 5.693, in Haifa – 5.250, in South – 3.775, in North – 3.238, in Jerusalem – 3.207, Judea and Samaria – 1.277.

By the end of 2015, the leader in sales of housing among cities was Jerusalem, where they were sold 2.292 apartments. In second place – tel Aviv Yafo (1.649).

Growth in home sales in 2015, experts associated with the decision to abandon the program «0% VAT», proposed by former Finance Minister Yair Lapid. For a long period, the market could be waiting for the decision on this issue. In December 2014, after the cancellation of the program, reported on the surge in demand for new apartments.

— Sale, purchase and rent housing in Israel

CSB: in 2015, sales of new apartments in Israel reached a record level 05.02.2016

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