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Recovery in the Real Estate Market Post October 7th

Recovery in the Real Estate Market Post October 7th 1

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Since October 7th, the real estate market has shown signs of recovery, but not uniformly across the country. Some areas are recovering faster, and some are not so lucky:  

 

Top Recovering Cities

 

CityChange Compared to First Week of ConflictChange Compared to Last Year (Feb 23)
Ramat Hasharon1517%29.33%
Herzliya1300%0.48%
Pardes Hanna-Karkur883%34.09%
Netanya795%-3.24%
Kiryat Motzkin591%26.67%
Kiryat Yam582%13.64%
Kiryat Ata578%5.17%
Bat Yam568%-43.86%
Giv’atayim565%-42.92%
Ramat Gan562%-32.16%

 

Slowest Recovering Cities

 

CityChange Compared to First Week of ConflictChange Compared to Last Year (Feb 23)
Sderot100%266.67%
Dimona100%8.33%
Nof HaGalil100%-60.00%
Beit Shemesh96%10.00%
Ramla87%-44.00%
Kiryat Malakhi38%-26.67%
Acre38%37.50%
Ofakim17%-30.00%
Ma’ale Adumim0%-64.29%
Kiryat Shmona0%-75.00%
Kiryat Gat-35%18.60%

 

The South is Recovering Faster than the North

 

Southern Cities

 

CityChange Compared to First Week of ConflictChange Compared to Last Year
Be’er Sheva211%-6%
Ashkelon243%-16%
Sderot100%267%
Netivot214%144%
Kiryat Malakhi38%-27%
Kiryat Gat-35%19%

 

Northern Cities

 

CityChange Compared to First Week of ConflictChange Compared to Last Year
Kiryat Motzkin591%26.67%
Kiryat Yam582%13.64%
Kiryat Ata578%5.17%
Kiryat Shmona0%-75%
Nahariya467%-59%

The infromation was taken from Madlan. For more information, visit the site: Madlan Blog.

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