Our articles (53)

Lawyer Sentenced to 6 Years for Real Estate Fraud

An Israeli lawyer, Shakib Abu Rokon, was sentenced to six years in prison by the Haifa court for forging documents and defrauding clients in the real estate sector. Convicted of 17 counts of forgery, fraud, and theft, Abu Rokon exploited his position...

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Developer Collapses, Buyers Sue Bank Hapoalim

Three apartment buyers in an urban renewal project in Bat Yam are petitioning the court to cancel their purchase agreements and enforce the sale law guarantees they received from Bank Hapoalim, which is financing the project. The developer has faced ...

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5-Room Apartment in Ashdod Sold for One Million Shekels

A 5-room apartment in Ashdod was sold for one million shekels, which is 300,000 shekels less than a 3-room apartment in the same area. In Hadera, a 118 sqm apartment on the 7th floor of an 18-story building was sold for 2 million shekels. Additionall...

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Severe Worker Shortage in the Renovation Sector

Israel's renovation sector is facing a critical shortage of 15,000 workers, worsened by recent missile attacks that have left around 4,100 damaged homes unrepaired. According to Eran Siv, Chairman of the Renovation Contractors Association, the state ...

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Court Dismisses Class Action for Delayed Housing Delivery

The Jerusalem District Court recently dismissed a request to approve a class action lawsuit concerning delivery delays in a real estate project. The lawsuit, filed on behalf of hundreds of buyers of discounted housing in a project initiated by a subs...

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Investors Anticipate Rate Cut, Real Estate Stocks Soar

Recent inflation data in Israel has led to a significant rise in the Tel Aviv Real Estate Stock Index, which increased by 3.4%. Inflation has dropped sharply to 1.8%, the lowest in nearly five years, falling below the Bank of Israel's target range. I...

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2025 Tough for Developers: Housing Sales Drop by 34%

In 2025, Israel's real estate market experienced a significant downturn, with only 84,900 homes sold, an 11% decrease from 2024. Developers were particularly hit hard, with a 44% drop in sales in December 2025 compared to the previous year. This mark...

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Launch of 'Zohé Tel Aviv' Project in Sde Dov

The 'Zohé Tel Aviv' real estate project, located in the Ashkelon neighborhood of Sde Dov, has been launched in presale by the Levinsthein, Metropolis, and Mivne groups. This project includes 230 residential units and commercial spaces, with prices st...

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Companies Exempt from Purchase Tax: Court Ruling

A pivotal ruling by the appeals committee determined that construction companies winning projects under the 'Price for the Resident' program are not required to pay purchase tax on land. The court found that these projects do not constitute a purchas...

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