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Housing ministry chief cites 10% drop in apartment prices at Eilat builders' conference

4 November 2026 · Based on TheMarker

Illustrative photo · Tel Aviv-Yafo
Illustrative photo · Tel Aviv-Yafo · Ynhockey, Wikimedia Commons, CC BY-SA 3.0

At the contractors' association conference in Eilat, the director general of the Housing Ministry said apartment prices are down 10%. Industry leaders also criticized the government, saying Israel has no long-term national plan for the real-estate sector and that no effort to create one was made in the past four years.

What it means for buyers abroad

The 10% figure is an official's remark at an industry event, not a market dataset, so buyers abroad should check it against published price indices for their target area. Industry complaints about the lack of a long-term plan point to ongoing policy uncertainty.

Read the original article (TheMarker, in Hebrew) ↗

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