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Former planning chief: housing slump is psychological, prices may jump again

8 November 2026 · Based on Globes

Illustrative photo · Tel Aviv-Yafo
Illustrative photo · Tel Aviv-Yafo · Alexey Bogoslavsky, Wikimedia Commons, CC BY-SA 4.0

Attorney Micha Gedron, who recently stepped down as chair of the Central District planning committee, said in a retirement interview that prices are expected to surge again once buyers stop waiting. He described the current downturn as a standoff over who blinks first, buyers or developers.

What it means for buyers abroad

This is one official's opinion, not a forecast backed by data. Buyers abroad should rely on actual transaction figures when judging timing.

Read the original article (Globes, in Hebrew) ↗

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