Israel Real Estate News
Israel
Israel Hotels Poised for Growth as International Visitors Set to Return
According to international hotel consultant HVS, Israel's domestic tourism market has been its saviour, with growth last year in excess of pre-pandemic levels, while international visitation is set to continue to improve leaving the country's hotel sector showing 'great promise', according to our latest report.
Prime Global Residential Rents Hit Record High in Q1
According to global property consultant Knight Frank, rents in global luxury residential markets are continuing to see strong growth. The Knight Frank Prime Global Rental Index rose by 8.5% in the 12 months to March 2023 this year - with rents in a majority of markets hitting new records.
Global Home Prices Spike 9.2 Percent in Mid-2021
The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
Global Commercial Property Investment Fell 26 Percent in 2020
Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.
