Tivuch Ida

Professional agency with a personal touch

New home sales down 21.7% in first half of 2014

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The number of new home sales was down 24% in Jerusalem and 20% in Tel Aviv.

The number of new homes sold in Israel in the first half of 2014 was down 21.7%, the Central Bureau of Statistics reports.

In July the number of new apartments was 2,530 of which 1,450 were sold to the public and 1,080 remained unsold.

52% of new apartments were built on privately-owned land. The number of new apartments built in the first half of 2014 was 20.6% lower than in the corresponding period of 2013.

During that period there were falls in all the country’s regions – about 25% in the central district, 24% in the Jerusalem district, 23% in the southern district, 20% in the Tel Aviv district, 17% in the Haifa district, and 5% in the northern district.

Of the 11,690 homes sold to the public in the first half of 2014, about 9,320 homes were built privately and 2,370 homes by public companies.

Published by Globes [online], Israel business news – www.globes-online.com – on August 28, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

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Author: Ida Real Estate

I have dealt with people starting from my teen years whether it was a junior counselor position, volunteering in community centers for the elderly, working as a secretary and as a real estate agent. Dealing with the public is a learning experience and challenging. Someone once told me that a person can learn from every being they meet whether it be a child or a stranger they met for 2 minutes. This I hold true. I have met so many people and have learned a lot and keep learning. My father who ran his own business made it a point to provide good service to all his customers no matter how small the customer. I hope to offer quality, honesty, and result in happy customers whether they are sellers, buyers, or renters.

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