Yesterday, the Boni Haaretz Contractors Association sent a scathing letter to the Prime Minister, against the backdrop of celebrating rising prices in the Israeli economy, which also directly affects construction projects.
“The construction industry is in the worst situation in its history, not least because of government decisions that only deepen the crisis.”
The letter, sent by the association’s president Raul Sargo, said that the economic crisis resulting from the war, labor shortages and Turkey’s economic boycott of Israel has led to an increase in basic consumers. Prices – would cause an increase in apartment prices, the layoff of tens of thousands of Israeli workers, a reduction in the ability of branches to carry out rehabilitation and construction work, and a loss of tens of billions of shekels to the state treasury. Collection of taxes, levies, and land sales.
Is the crisis in the construction industry and the decline in construction starts since the start of the war indirectly causing prices for used apartments to rise? Let’s take a look.
These are the deals that took place this week in your city’s used apartment market:
tel aviv
3-room apartment, 83 sqm, 9 sqm balcony, located on the 6th floor of a 7-storey building, with parking and elevator, on Maapilei Egoz Street, Neve Chen district, for sale for NIS 2,365,000 (Re/Max Ocean).
4-room apartment on Ahimetz Street in Beit Yaakov district, 77 m2, 2 floors, for sale for NIS 2,050,000 (Re/Max Ocean).
beer yakov
4-room apartment on Yitzhak Rabin Boulevard, 113 m2 + 13 m2 balcony + 6 m2 warehouse, 3rd floor of 13 floors, parking and elevator, sold for NIS 2.61 million (Anglo-Saxon).advertisement
Beersheba
4-room apartment on Yitzhak Reger Street in District D, 85 sqm, 4 floors, 1st floor, sold for NIS 900,000 (Re/Max Plus).
4-room apartment in Abraham Avinu Street, District D, 78 sqm, 4 second floor, sold for NIS 815,000 (Re/Max Plus).
3.5-room apartment in Bialik Street, district D, 83 sqm, 3rd floor of 4 floors, sold for NIS 870,000 (Re/Max Plus).
Sderot Jerusalem Street, number 9, 60 sqm, 3-room apartment on 3rd floor sold for 700,000 NIS (Re/Max Plus).
A two-room apartment on the second floor of Soso Hacoen Street, District 4, 40 sqm, 3 sold for N700,000 (Re/Max Plus).
4-room apartment in H”an Street, district 6, 89 sqm, 8th floor of 10 floors, with elevator, for sale at NIS 1,140,000 (Re/Max Plus).
Messhall 4-room apartment on Motts Street, 105 sqm, 11 on 4th floor, with balcony, lift and parking, for sale for NIS 1,350,000 (Anglo-Saxon).
3-room apartment on Yehuda Halevi Street, 71 sqm, ground floor of 3 floors, no lift, no parking, sold for NIS 700,000 (Anglo-Saxon).
ashdod
4.5-room apartment in Alexander Penn Street, 5th arrondissement, 144 sqm, 12 sqm balcony, 2nd floor of 7 floors, parking and elevator, sold for NIS 2,310,000 (RE/MAX TOGETHER).
4-room apartment in Barkat Street, District 17, 172 sqm, 12 sqm balcony, 6th floor of 11, parking and elevator, sold for NIS 3,300,000 (Re/Max TOGETHER) .
4-room apartment in Keren Haysod Street, District 4, 99 sqm, with 9 sqm balcony, 1st floor of 6 floors, with elevator, for sale for NIS 1,755,000 (Re/Max TOGETHER).
afra
5-room apartment on Habanim Street, 120 sqm, with balcony of 15 sqm, ground floor of 6 floors, with parking and elevator, sold for NIS 1,118,000 (R/Max 770).
4-room apartment on Iros Street, 105 sqm, with balcony of 16 sqm, ground floor of 5 floors, with parking and elevator, sold for NIS 1,250,000 (R/Max 770).
