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A decrease in the number of transactions in the last year
It's a buyer's market: Israel's plummeting real estate market
Survey and data from Israel's Central Bureau of Statistics' show that the once booming local property market the country developed in 2022 has crashed considerably, giving buyers the power they previously lacked
Hila Tsion | 06.21.23
בניין בנק ישראל ירושלים
Israel watchdog seeks data from banks in interest rate probe
Economy Minister Nir Barkat attempts to oust Competition Authority head Michal Cohen despite lacking the authority to do so blaming her for the rising cost of living; Cohen refuses to resign.
Reuters | 05.28.23
Israeli banks benefit from successive interest rate hikes, garner unprecedented revenues
Aided by interest rate hikes, Israeli banks navigate global banking crisis and market challenges, delivering outstanding profits for shareholders and weathering divergent share trends
Dan Raban | 05.23.23
בניין בנק ישראל ירושלים
Israel's interest rate increases for 10th time in a row
Against the backdrop of high inflation and the wave of price increases, the Bank of Israel raised the basic interest rate to 4.75%; The bottom line: a heavier mortgage burden, when the average repayment will increase by about NIS 1,150 per month (over $300)
Tzachi Sade | 05.22.23
ישיבת ממשלה
Bank of Israel warns judicial reform could cost Israeli economy tens of billions a year
Central bank says lose to economy could reach as high as NIS 47.6 billion ($13.3 billion) annually over the next three years, raises benchmark interest rate to 4.5% - its highest level since 2007
Gad Lior | 04.03.23
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