Apartment Market at a Low: Nearly Half of Contractor Sales Included Financing Benefits
Second-hand sales lead the declines - 16% compared to last September • Investors are leaving the market, and contractors maintain sales with financing benefits that have reached a peak • Young couples, however, remain stable
Assessment
The Israeli housing market is showing clear signs of a slowdown, with second-hand sales dropping 16% compared to last September. Developers are increasingly relying on financing incentives to keep new home sales afloat, a tactic that has reached record levels. Investors are pulling back, but young couples remain a stable presence in the market. The key question is whether these financing gimmicks are masking a deeper demand problem or providing a necessary bridge until interest rates shift.