"Many Real Estate Agents Are Leaving": The Real Estate Market Is Experiencing a Downturn
The real estate market in the Israeli city of Ashdod has faced a significant decline in sales. Buyers are in no hurry to purchase housing, expecting further price drops, while apartment owners are experiencing increasing…
Assessment
The real estate market in Ashdod is in a steep downturn, with sales dropping from 510 to 158 transactions year-over-year. Buyers are holding out for lower prices, while sellers struggle to find clients. The exodus of agents signals a market that has not yet found its floor. The key question is whether this is a correction or the start of a deeper slump.