The blitz of particular provides launched by contractors has efficiently slowed the decline within the sale of latest properties. In February 2023, 2,510 new properties had been offered, down 3.9% from January however 14.4% greater when adjusted due to the less days in February, the Central Bureau of Statistics reviews.
Analyzing general tendencies finds that between September 2021 and December 2022 there was a mean 4.2% fall per 30 days in new residence gross sales, in order that the December-February 2022-2023 figures recommend a change of course, probably as a result of particular advertising provides have tempted consumers. Between December 2022 and February 2023, 7910 new properties had been offered, up 0.3% in contrast with September-November 2022. On the finish of February 2023, 54,510 new properties remained on the market, which might take 20.5 months to promote on the present charge.
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Within the three months between December 2022 and February 2023, 23.2% of the brand new properties offered had been within the southern district, and 21.2% had been within the central district, whereas 33% of all new properties offered had been in Jerusalem, Netivot, Petah Tikva, Ashkelon, Ramat Gan and Kiryat Malakhi.
885 new properties had been offered in Jerusalem, 492 new properties had been offered in Netivot, 343 in Petah Tikva, 299 in Ashkelon, and 280 in Ashkelon. Solely 245 new properties had been offered in Tel Aviv – the eighth largest variety of any metropolis between December 2022 and February 2023.
Printed by Globes, Israel enterprise information – en.globes.co.il – on April 20, 2023.
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