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Report: housing inventories down 21.5% in first half
By Gregg Gardner
(September 11) - The number of unsold apartments constructed by private sector concerns fell by 21.5 percent in the first six months of the year to approximately 15,000 at the end of June from the 19,100 recorded at the end of 2000, the Association of Contractors and Builders in Israel (ACB) said.
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Contractors association: an extra NIS 2b. needed for infrastructure
By Gregg Gardner
(September 4) - Looking to stake a claim in the currently negotiated state budget for 2002, the Association of Contractors and Builders in Israel called for an additional NIS 2 billion to be allocated for infrastructure projects.
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Building Blocks
By Gregg Gardner
(August 28) - In Ashdod, a five-room duplex sold for $145,000 by Anglo Saxon. The 130 sq.m. dwelling includes access to parking.
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Sharansky: Real estate market under pressure
By Gregg Gardner
(August 21) - Minister of Construction and Housing Natan Sharansky voiced his concern over the number of negative stimuli that have been affecting the real estate market.
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Boom operator Stef Wertheimer continues to dream
By Jessica Steinberg
(August 14) - For one real-estate maven, a capitalist kibbutz is no contradiction in terms
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Housing price index up only 0.4 percent in June
By Gregg Gardner
(August 14) - Demonstrating little change in the weak conditions of the real estate market, the Ministry of Construction and Housing said that the housing price index (HPI), a composite measure which accounts for changes in a number of housing-related goods and services, increased only 0.4% in June compared to the previous month.
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Israelis get chance to become one-day Rothschilds
By Jessica Steinberg
(August 7) - As they struggle like the rest of the property market, some luxury apartment projects offer cheap weekend-rental deals
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New dwelling sales up 22% in May
By Gregg Gardner
(August 7) - Sales of new dwellings by private sector contractors increased in May to 1,360 units, a 22.1 percent jump from the 1,114 recorded in the same period last year, the Central Bureau of Statistics said.
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Building Blocks
By Gregg Gardner
(August 1) - In Holon, a four-room apartment on Rehov Klausner rented for $750 per month by Coldwell Banker. The 120 sq.m. flat includes access to a 100 sq.m. roof.
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