Jerusalem overtakes Tel Aviv for houses bought

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 massive 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 overall 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 have 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 completely 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 conflict 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%.

General 2025 resembled 2017-2018, which additionally noticed a serious stoop in offers. This was largely because of delays within the authorities sponsored housing program, which put tens of hundreds of younger {couples} on maintain within the hope of successful a less expensive residence. 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 have been Jerusalem, the place 5,638 houses have been bought (a 3rd of them have been new residences); and Tel Aviv, the place 5,159 houses have been bought (46% new). The proportion lower within the variety of transactions made within the two largest cities was greater than the general lower recorded out there. Haifa (4,726 offers) and Beersheva (3,572) have been third and fourth.

The largest cities that recorded the most important decline within the variety of offers have 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 have been adopted by Ashdod (19%) and Petah Tikva (18%).

The lower within the variety of transactions in new residences vastly elevated the stock of unsold residences in 2025 to a report 86,000 with Jerusalem and Tel Aviv the main cities. In Jerusalem, there was a soar 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).

Revealed by Globes, Israel enterprise information – en.globes.co.il – on February 12, 2026.