Central Bureau of Statistics finds 56,060 new homes were sold, with seven cities accounting for a third of all transactions

To resolve housing crisis, government will reward 12 high-demand municipalities with cash for each apartment approved; project could add 30,000 new units in the next three years

In December alone, Israeli banks lent 12.2 billion shekels ($3.89 billion) to home buyers, says Bank of Israel

National housing prices continue their steep rise, growing by 10.6% in the past year

Finance minister promises government will narrow gap between supply and demand within 3-4 years

Municipal resistance to more homes, lack of infrastructure, and unaffordable prices must all be addressed to make a dent in the market, analysts say

Program aims to start construction of 280,000 homes and approve 500,000 more in 2022-2025; will cost more than $5 billion

Prices have risen by over 12% so far in 2021, and are only set to soar further without real government-initiated solutions, researchers say

Online listing ridiculed for seeking a 'humble' resident to pay $375 per month for cramped bed, underlining city's acute housing crisis and those exploiting it

Opponents say top-down Committee for Preferred Housing Sites builds on too much open space, fails to construct basic infrastructure needed by new homes