According to the latest data from the Central Bureau of Statistics, Haifa ranks second in the country in terms of second-hand apartment sales. In September-November 2024, 839 second-hand apartments were sold in the city, a decrease of 13.4% compared to the previous period (June-August 2024), in which 969 apartments were sold. In first place is Jerusalem, with 844 apartments sold in the period in question. After Haifa, the list includes the cities of Be'er Sheva, Tel Aviv, Ashkelon and Petah Tikva.
Haifa's impressive achievement has been maintained month after month, indicating high demand for second-hand apartments in the city, especially from young couples, home improvement companies, and investors.
Seventh place in sales of new apartments
In terms of new apartment sales, Haifa is showing continued improvement, although it was unable to maintain the previous month's achievements. Over the past year, the city was ranked in tenth place and below in new apartment sales, but in recent months it has managed to rise to seventh place and fourth place, and this time it is in seventh place. In September-November 2024, 299 new apartments were sold in Haifa, which places it in seventh place in the sales table. At the top of the ranking is Tel Aviv, with the sale of 684 new apartments, followed by Ofakim with 625 new apartments.
It should be noted that there is almost no change in the number of new apartments sold in September-November 2024 compared to June-August 2024, with the data indicating the sale of 299 apartments compared to 298 apartments respectively. The localities examined by the Central Bureau of Statistics are those where more than 150 new and second-hand apartments were sold during the period under review.
Will Haifa be able to reach a higher place in terms of new apartment sales?
One explanation for Haifa's position in terms of new apartment sales is the number of new apartments remaining for sale in the city. As of November 2024, Haifa had 1,484 new apartments left for sale, which places it in 11th place in the country. Tel Aviv is in first place, with 8,472 new apartments, which explains the number of new apartments sold in Tel Aviv compared to Haifa. As the number of new apartments in Haifa increases, it is expected that the city will climb in terms of new apartment sales, especially with projects such as the Neot Navon neighborhood, which is being built at the southern entrances of the city. The building permits being granted today are expected to be reflected in the coming years in an increase in the number of new apartments, and thus, as in other cities in Israel, it can be expected that Haifa will be placed higher in the new apartment sales tables.
The Central Bureau of Statistics also published the changes in real estate prices. A comparison between apartment prices in October-November 2024 and apartment prices in September-October 2024 reveals an increase of 0.6%. In contrast, in the Haifa District, a comparison between these two periods reveals an increase of only 0.3%.
The new enclosed neighborhood is not an abstract thing – the local committee is about to issue building permits and a work start order for the Ofer Towers project with 334 units and Prashkovsky Towers with 453 units – in an enclosed neighborhood, without an elementary school, without kindergartens on the site of a public building that will not be built – and all because we live in hell for citizens and in a paradise for corrupt officials.
How long will the surge in sales continue, until the new apartments are occupied – then it will become clear that they have put the entire city in one huge traffic jam that cannot be escaped from – this will be seen and felt in about 3 years and in 5 years – the cars will no longer be able to move here and the Ministry of Transportation and the Ministry of Finance will “give in” to the demands of the loyal officials to transfer at least 20 billion NIS to their control so that they can manage them and enjoy the fruits of management – so that they can regulate transportation solutions that are not needed at all and that solve only a small part of the transportation problem – but, as it seems and is accepted, will solve the financial affairs of those pulling the strings for a few generations to come – screwing the city is great – you can get billions in cash – when all the cars will honk in a traffic jam that should not have been created in the first place.
A new gated neighborhood is currently being built in Haifa. It is important for the public to know that the Haifa Municipality has actually canceled Highway 102 in plan Hf/2185a (Neot Peres East, or as it is called – Freud Slope) – illegally – thereby turning the new neighborhood, which is supposed to include over 1,000 apartments, into a gated and dangerous neighborhood. The cancellation of Route 102 comes simultaneously and together with the actual cancellation of the elementary school and kindergartens that are supposed to serve the new neighborhood - the cancellation of a school and kindergarten that was carried out as a coup and without discussion in the city council, in the planning committees and without public announcement, and without changing the city plan, just like that, they instructed the tractors to create an artificial elevation for Route 100 in the said neighborhood and then they do not create Route 102, which becomes a dangerous road due to the elevation (creating an extreme slope, artificially and illegally for Route 102, and then they simply do not carry it out - it is good for a certain party - it is a fatal harm to the new neighborhood and those around it - this is lawlessness and it has been carried out while hiding since October 2022, when the public is not aware of it.
In Haifa, many apartments are indeed being sold as part of the housing for the resident and the target housing track or housing at a discount, and there is also progress in the sale of apartments in eviction-reconstruction projects - and this is exactly where the problem lies, the planning failure reflected in the problematic construction - the failure of our generation, unlike the failure of construction that is not resistant to earthquakes (the failure of previous, distant decades (before January 1.1.1980, 20). The dense construction, construction monsters to boast about, including an extremely poor standard of living and quality of life, is the Slams of the future to come (the term Slams is a figure of speech used by the former mayor, Einat Kalisch Rotem, together with the team of experts hired in the master plan for the eviction-reconstruction projects of the Ministry of Construction and Housing in relation to the four coastal neighborhoods in Haifa). Not that Mrs. Kalisch was an exemplary mayor, but in practice the dissolution of her coalition came about due to her insistence, backed by the professional team from the Ministry of Construction and Housing. Housing, not to allow the lawlessness of Slams, and it seems that against this background, the supporters of the construction monsters led to the dissolution of its coalition. Indeed, in Haifa, a significant part of the new apartments are apartments with an extremely poor quality of life, for example - one air direction, apartments trapped in a niche hidden from view, air and light (forced ventilation of toilets and bathrooms) - simply a disgrace. Who are such apartments intended for? They are intended for the owners of existing apartments, in part of the Neve David neighborhood - a weak population - who is unable to cope with a strong and powerful contractor backed by corrupt planning committees that approve the lawlessness as part of a construction-evacuation project whose procedures are a black mark on Israeli society. So it is true that there is progress in sales, but where is the city being led? To an urban catastrophe, to slum neighborhoods where apartment owners are burdened with very expensive maintenance expenses for the maintenance of the facilities and elevators – expenses they will not be able to afford – this is worse and worse than a mortgage – seven times – the mortgage ends after XNUMX years – the maintenance expenses are forever – and they are only expected to grow. The housing for the tenant and target housing projects, in some cases, are not the best – the apartments for the winners are sometimes apartments with one air direction, with a poor quality of life and, again, expensive maintenance costs forever. Who needs poor quality apartments? Who approves poor quality apartments? You guessed it right, the planning authorities with the full support of the Haifa Municipality. It turns out that only the landlords and those involved in the matter (and not necessarily the developers and contractors who exist today and will be deleted from the register of companies and disappear from the field tomorrow) are happy all the way to the bank – the serious default is left to the victims – they are apartment owners in projects for eviction and construction, lottery winners for discounted apartments and the general public for the next hundred years. So you have to see the success of the sales in the face of reality, just look straight in the mirror.
Haifa is suitable for crowd-pulling attractions such as the construction of a suspension bridge between Geula and Israelia dormitories over the Gibrim Road.
Like various attractions along the seaside promenade, such as those in Batumi. Omega facilities between Stella Maris and Bat Galim promenade.
It would be a shame not to take advantage of Haifa's amazing topography.
Haifa needs something to attract tourists. Hotels. Beach tourism directly from the city. No train tracks. A tourist needs to be in the city for at least a few days for something to attract the tourist. Coastal neighborhoods. Neve David.
Haifa needs a business card. And the business card is the train station and the entrance to Haifa, which is Neve David. And all the coastal neighborhoods. Otherwise, Haifa will never rise. Every city, every person who enters the city remembers the entrance to the city. And that is what attracts people to the city.
Good luck. Happy Shabbat to everyone.
The Carmel was destroyed by new dense construction.
Streets designed for 200 households are crammed with 700, 800. Slums built for 5000 people are required to house 15,000-20,000 upon completion of "urban renewal." Slums are being created. And the nature around the slum neighborhoods is being destroyed in the name of more roads and more construction. What made the neighborhoods of the ridge unique is gone, and they will look like a duplicate of Haifa East - a gray concrete strip with interchanges and bridges.
True. The municipality is bringing its destruction upon the city. And no one is stopping them.
success?
The prices of second-hand apartments in the city are among the lowest in the country, partly (probably) because the city is mixed and the employment supply is low, so the news is not that optimistic in my opinion.
It would be interesting to segment the identity of the new buyers in the city by religion, regarding those who are truly interested in living there and starting a family there, etc., versus investors who are primarily interested in purchasing for investment purposes in order to "turn" apartments (renting the apartment or expecting urban renewal and then selling again at a profit).
It's completely clear why people buy second-hand apartments here. Because prices in Tel Aviv and the central cities and Jerusalem are about 2 or 3 times higher than in Haifa.