Ramat Gan Mayor Carmel Shama. Reg News photo
A low point in the purchase of new apartments in Israel: 2,780 new apartments were purchased last August, a drop of almost 50% compared to the number of new apartments purchased in August 2020, according to a survey by the Central Bureau of Statistics (CBS).
Ramat Gan recorded the sharpest decrease in the purchase of new apartments in the months of July and August 2022, a negative low with a decrease of 72% In the purchase of new apartments compared to March-May 2022. According to the publications of the Central Bureau of Statistics between the months of March-May, 709 new apartments were sold compared to a decrease of 196 apartments sold in the months of June-August 2022.
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