The paradox of actual property in Israel: The 2 most sought-after cities are additionally the 2 cities which are unable to deal with their giant provide of residences. The Central Bureau of Statistics survey summarizing housing offers in Israel in 2025 reveals that Jerusalem and Tel Aviv led the variety of offers carried out within the nation final yr, and the 2 cities even have about 25% of the whole provide of houses in Israel. In December Jerusalem additionally overtook Tel Aviv for the variety of new unsold residences there – and all this whereas the market is in a extreme stoop.
In 2025, in keeping with the Central Bureau of Statistics, about 91,000 actual property offers had been carried out in Israel. That is about 5,000 greater than the Ministry of Finance Chief Economist reported yesterday; the distinction stems, amongst different issues, from totally different strategies of counting transactions. This can be a lower of about 12% within the variety of transactions carried out in 2024 and a rise of about 27% from 2023, when the struggle broke out.
Just like the Chief Economist, the Central Bureau of Statistics additionally stresses that there was a market disparity between new and second-hand houses and the variety of new houses bought final yr was 26% decrease than in 2024. The decline within the buy of second-hand residences was a negligible 1%.
Total 2025 resembled 2017-2018, which additionally noticed a serious stoop in offers. This was largely on account of delays within the authorities sponsored housing program, which put tens of 1000’s of younger {couples} on maintain within the hope of profitable a less expensive condo. The stoop in 2025 is defined by the excessive rate of interest and the financial state of affairs.
The main cities
The cities that led within the variety of offers had been Jerusalem, the place 5,638 houses had been bought (a 3rd of them had been new residences); and Tel Aviv, the place 5,159 houses had been bought (46% new). The share lower within the variety of transactions made within the two largest cities was larger than the general lower recorded available in the market. Haifa (4,726 offers) and Beersheva (3,572) had been third and fourth.
The most important cities that recorded the biggest decline within the variety of offers had been Ashkelon and Beit Shemesh, every of which noticed a decline of greater than 20% within the variety of offers in 2025, in contrast with 2024; they had been adopted by Ashdod (19%) and Petah Tikva (18%).
The lower within the variety of transactions in new residences significantly elevated the stock of unsold residences in 2025 to a file 86,000 with Jerusalem and Tel Aviv the main cities. In Jerusalem, there was a leap in provide, which crossed the ten,000 threshold for the primary time within the final three years (10,234), and in Tel Aviv, the availability reached 9,709 new unsold residences, adopted by Bat Yam (5,145), and Netanya (3,599).
Printed by Globes, Israel enterprise information – en.globes.co.il – on February 12, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
