Is the country headed for a greener, taller, and more expansive future?
How green is your building?
Environmentally friendly construction and building management is moving from slogans to reality.
The trend to conserve water and energy and to protect natural resources in construction has been growing in most of the Western world, but is only just starting out in Israel.
This does not prevent many Israeli developers and contractors from crowing about so-called "green" projects in order to jump on the global environmentalism bandwagon.
Monday, January 25, 2010
Inflation zero in December 2009
The surprise figure keeps inflation for 2009 at 3.9%, still above the government's price stability target range.
The Consumer Price Index for December, released on Friday 15 of January 2010 remained unchanged, in stark contrast to earlier predictions of analysts, who predicted a rise of at least 0.3%. The annual inflation rate for 2009 stands at 0.9% over the upper limit of the price stability target range set by the government(ie 3%).
The Consumer Price Index for December, released on Friday 15 of January 2010 remained unchanged, in stark contrast to earlier predictions of analysts, who predicted a rise of at least 0.3%. The annual inflation rate for 2009 stands at 0.9% over the upper limit of the price stability target range set by the government(ie 3%).
Monday, January 11, 2010
Update on current interest rates for a NIS 500,000 loan -20 year repayment
1) Prime(-) currently stands at 2.75 less .4= 2.35% per annum
2)Variable interest indexed annually 2.95% + annual inflation rate for
2009 estimated at 3% total 5.95% per year
3)Fixed interest 4% to 4.5% per year
2)Variable interest indexed annually 2.95% + annual inflation rate for
2009 estimated at 3% total 5.95% per year
3)Fixed interest 4% to 4.5% per year
Update on prices in Ramat Bet Shemesh A,etc
4 room apartments in RBS have already passed the NIS 900,000 mark and are now selling in the range of NIS930K-NIS960K
3 room apartments are selling for NIS 800k to NIS 830K whilst 5 rooms go for NIS1,300K to NIS 1,350k, an increase of 10 to 12% over 2008.
In the Sheinfeld neighbourhood prices tend to be similar to that of RBS A , except for the older buildings (about 20 years of age) there prices can be 5 to 10% less
In the old Bet Shemesh, prices rose over the las 2 years by about 35%, today a 3 room apt can be had for around half a million Shekalim (2 years ago the same
apartment was sold for NIS 370,000)
3 room apartments are selling for NIS 800k to NIS 830K whilst 5 rooms go for NIS1,300K to NIS 1,350k, an increase of 10 to 12% over 2008.
In the Sheinfeld neighbourhood prices tend to be similar to that of RBS A , except for the older buildings (about 20 years of age) there prices can be 5 to 10% less
In the old Bet Shemesh, prices rose over the las 2 years by about 35%, today a 3 room apt can be had for around half a million Shekalim (2 years ago the same
apartment was sold for NIS 370,000)
Housing prices continue to rise
The Central Bureau of Statistics in Israel's(CBS) data shows that since the beginning of the year home prices have jumped 15%.
Home prices rose 2.2% in October. This followed a rise of 1.5% in September, and 2.4% in August.
CBS data shows that since the beginning of the year home prices have jumped 15%. Since May of 2007, when a trend of prices rises began, home prices have risen 32.2%.
Home prices rose 2.2% in October. This followed a rise of 1.5% in September, and 2.4% in August.
CBS data shows that since the beginning of the year home prices have jumped 15%. Since May of 2007, when a trend of prices rises began, home prices have risen 32.2%.
Tel Aviv most expensive city in Mideast, No. 17 in world
The survey covers 143 cities across six continents and measures the comparative cost of over 200 items in each location, including housing, transport, food, clothing, household goods and entertainment. Top 20 costliest cities
No. 1 . . . . . . Tokyo
No. 2 . . . . . . Osaka
No. 3 . . . . . . Moscow
No. 4 . . . . . . Geneva
No. 5 . . . . . . Hong Kong
No. 6 . . . . . . Zurich
No. 7 . . . . . . Copenhagen
No. 8 . . . . . . New York
No. 9 . . . . . . Beijing
No. 10 . . . . . .Singapore
No. 11 . . . . . . Milan
No. 12 . . . . . . Shanghai
No. 13 . . . . . . Paris
No. 14 . . . . . . Oslo
No. 15 . . . . . . Caracas
No. 16 . . . . . . London
No. 17 . . . . . . Tel Aviv
No. 18 . . . . . . Rome
No. 19 . . . . . . Helsinki
No. 20 . . . . . . .Dubai
No. 1 . . . . . . Tokyo
No. 2 . . . . . . Osaka
No. 3 . . . . . . Moscow
No. 4 . . . . . . Geneva
No. 5 . . . . . . Hong Kong
No. 6 . . . . . . Zurich
No. 7 . . . . . . Copenhagen
No. 8 . . . . . . New York
No. 9 . . . . . . Beijing
No. 10 . . . . . .Singapore
No. 11 . . . . . . Milan
No. 12 . . . . . . Shanghai
No. 13 . . . . . . Paris
No. 14 . . . . . . Oslo
No. 15 . . . . . . Caracas
No. 16 . . . . . . London
No. 17 . . . . . . Tel Aviv
No. 18 . . . . . . Rome
No. 19 . . . . . . Helsinki
No. 20 . . . . . . .Dubai
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