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Israeli housing: The year that was and the year to come

Posted on 23 April 2012

Israeli housing prices have fallen during the past year, though not by much. The slight dip is the result of pressure from the top and the bottom - brought down by last summer’s cost-of-living protests, on one hand, and government policy aiming to increase the supply of “affordable housing” on the other hand.
But only buyers in some cities reaped the benefits of the decline. And while the government strived to alleviate the supply constraint, by freeing up land for housing development, for example, potential buyers climbed onto the fence in the hope that prices would go down. So many sellers held onto their property rather than sell at a discount; and the deal flow slowed………………………………………..Full Article: Source


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