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. Additionally, a 6-room apartment on the 20th floor of a 30-story building was sold for 6.77 million shekels. The article notes that many payments in these transactions are made in cash, which is not always reflected in the reported prices. Young couples are opting to invest in the stock market rather than real estate, anticipating growth in the Israeli stock market. This trend could lead to a continued decline in real estate prices in Israel over the next five years.
