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The Ministry of Finance reported a decline in sales on the Israeli housing market

According to the Ministry of Finance in August 2016 in various parts of Israel was sold 9,5 thousand apartments, which is 2% less than in July, according to the newspaper «Globs».

We are talking about the transactions of purchase and sale of housing on both the primary and secondary markets.

As noted in the Ministry of Finance, without taking into account transactions in the framework of government programs for the sale of housing at preferential prices («Policy Le-Mistaken» and «Policy Matara»), the decrease would be twice as much and would have reached 4%.

The number of apartments purchased with the investment objectives, in August fell by 14% in comparison with July. In the Central district, falling to 31%.

The proportion of investors among home buyers, dropped to 17%.

— Sale, purchase and rent housing in Israel

The Ministry of Finance reported a decline in sales on the Israeli housing market 01.11.2016

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