Market
Urban renewal sales struggle as Tel Aviv sees net outward migration of 22,000
5 November 2026 · Based on TheMarker
Amit Gottlieb, head of the Tel Aviv district contractors' association, said companies carry out urban renewal expecting cities to grow, yet big cities are losing residents. He cited net negative migration of 22,000 people in Tel Aviv and 88,000 in Jerusalem.
What it means for buyers abroad
Demand for apartments in urban renewal projects may be weaker than developers expected, so buyers abroad should check local demand and project terms carefully.
