Foreign investment in Israeli real estate set a record in 2005. Much of the activity was concentrated in luxury housing in Jerusalem and Tel Aviv.
Despite all the political turmoil, foreign investment still surged, which says a lot about the tenacity of real estate market there.
In addition to Real Estate invetments increasing over 2005, The Israel Hotel Association foresees a 25-percent leap in incoming tourism in 2006, with some 2.4 million foreign holidaymakers expected in the country this year! (according to the newspaper Haaretz.) What will 2006 look like for Real Estate?