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Israel: Housing market awakens from slumber

Posted on 05 June 2012

It’s time to stop sitting on the fence: Housing prices aren’t going to drop much, if at all. The real estate market has been showing some encouraging signs - but mostly for builders and less for buyers.
About 22,200 homes were sold in the first three months of the year, according to the Finance Ministry’s State Revenue Administration - 19% more than the low point reached the previous quarter but still 15% below the number sold in the first three months of last year………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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