realestate

Navigating Israel's turbulent property market amidst ongoing conflict.

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D
espite potential conflicts with multiple countries, including Iran and Hamas, real estate expert Ronen Jaffa forecasts that housing demand in Israel will remain strong. According to him, only an increase in supply can impact prices. A recent example of urban renewal efforts is the Dunietz-Elad project in Ramat Hasharon's Tel Aviv suburbs, where 120 old apartments were demolished and plans are underway to build 435 new ones. However, construction has been delayed due to infrastructure work required by the municipality before a permit can be issued.

Israeli real estate agents navigate challenging market amidst Middle East conflict.