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Israel: Housing demand continues to soar

Posted on 26 November 2010

From Globes.co.il: Israel’s housing market continued to bubble in October 2010. Demand for new apartments rose 13.7% to 3,414 homes in October from 3,005 homes in September, the Central Bureau of Statistics reports. Demand in September was 5.3% lower than in August.
New home sales rose 41.9% to 2,250 in October from 1,588 in September. However, new homes built for the owners’ own use, or by buyers groups, or for rent, fell 18% to 1,160……………………………………….Full Article: Source


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