Are Real Estate Prices in Israel About to Drop? | Where is the Israeli Housing Market Going?
With the continuous rise in real estate prices in Israel over the past few years, many have begged to ask the question, “when will they fall?”. Those of us in the business get this question almost daily, with each of us giving a different perspective, depending on which market we’re catering to. My take? There are simply less apartment and homes sales being done here in my market in Tel Aviv, though that’s not to say that the prices have been lowering, and for us lucky brokers who have been able to seal deals, business has been good.