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A report variety of properties had been bought in Israel as traders scrambled to beat the acquisition tax hike, the Finance Ministry chief economist studies.
There was a report variety of housing offers in November 2021, the Ministry of Finance chief economist studies. 18,200 properties had been bought in Israel in November as traders scrambled to beat the acquisition tax hike for consumers who already personal one property.
6,700 of the properties purchased in Israel in November had been by traders, bringing the variety of properties introduced by traders to 12,000 in October and November 2021. Younger {couples} and first time consumers had been additionally lively in the marketplace in November, shopping for 6,100 properties, up 23% from November 2020. This determine included 1,200 properties as a part of the federal government’s Mechir Lemishtaken (Worth Goal) program.
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Tel Aviv was the most well-liked metropolis for actual property traders in November 2021 with 800 properties bought there, adopted by Jerusalem (520), Haifa (380), Beersheva (270), Bat Yam (260), Ramat Gan (250), Ashkelon (240), and Netanya (230).
Revealed by Globes, Israel enterprise information – en.globes.co.il – on January 18, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
Tel Aviv Picture: Shutterstock
Shirit Avitan Cohen and Oren Dori
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