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Steep fall in mortgage taking in Israel in January

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The mortgage seizure decreased by 50 % from the previous month, but by 30 % from January 2024, according to Bank of Israel reports.


In January 2025, 7.3 billion NIS was taken in new real estate loans according to the initial figures from the Bank of Israel. Although this number has decreased by 50 % from December 2024, it should be taken into account that this was an exceptional month as many home buyers took real estate loans for new homes to be the value -added increase from 17 % to 18 % in The end of the year. Compared to January 2024, real estate mortgage increased by 30 %, and an increase of 15 % from January 2023.







Only 15.5 % of the mortgages captured in January 2025, which total 1.13 billion NIS as part of buyer payment deals with developers whose buyers reduced 10 % to only 20 % of the purchase amount now and pay the rest on occupancy. This is the lowest number of these real estate loans since April 2024.

It was published by Globes, Israel Business News – En.globes.co.il – on February 13, 2025.

© Copy Publish Publisher Itonut (1983) Ltd. , 2025.



Credit Mortgage: Shutterstock

Credit Mortgage: Shutterstock

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