Israel's housing market is headed for rough terrain in 2023, experts say
With housing costs rises at their highest and a growing affordability gap, real estate sector professionals anticipate a difficult year ahead
Source: timesofisrael.com
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With housing costs rises at their highest and a growing affordability gap, real estate sector professionals anticipate a difficult year ahead
Bank of Israel notes decline of over 30% in home loan borrowing over past three months as prices appear to constrain borrowing
Easing Israel's strict caps on lending, meant to insulate the financial sector, could unlock home ownership for first-timers who don't have the 'bank of mom and dad' to rely on
Bank borrowing has fallen back as interest rates rise, but the market trends remain unclear to experts