Industry: Construction & Manufacturing | Publish Date: 19-Dec-2024 | No of Pages: 183 | No. of Tables: 144 | No. of Figures: 89 | Format: PDF | Report Code : CM1233
The Israel Real Estate Market size was valued at USD 85.3 million in 2023, and is predicted to reach USD 154.9 million by 2030, at a CAGR of 8.9% from 2024 to 2030.
The real estate industry constitutes a multifaceted market involving the acquisition, development, and management of residential and commercial properties. This expansive sector includes residential real estate, catering to individuals and families, as well as commercial and industrial real estate, focused on business operations and manufacturing. Real estate development involves the creation and enhancement of properties, while real estate investment encompasses acquiring properties for financial gain.
Additionally, a range of professional services, such as those provided by real estate agents and property managers, contributes to the industry's dynamics. Influenced by economic trends, demographic shifts, and regulatory factors, the real estate market is a complex landscape where various stakeholders engage in activities that shape urban environments, support economic growth, and provide investment opportunities.
The growing population across the region is driving the demand for housing and infrastructure, thereby boosting the real estate market. As the population continues to rise, the demand for infrastructure, such as housing, offices, and commercial spaces, has been surging.
This presents a significant opportunity for real estate developers and investors. Recognizing these demographic trends enables stakeholders in the real estate industry to make informed decisions about where to invest, the types of properties to develop, and how to tailor offerings to meet the specific needs of the local population.
Rising online property platform for digital marketplace or website designed to streamline and enhance the real estate transaction process. These platforms serve as comprehensive hubs for property seekers and sellers, offering a wide array of property listings with detailed information, including location, size, amenities, and pricing. Users can efficiently search for properties using advanced filters, explore virtual tours, and view high-quality images.
These platforms often provide valuable market insights and trends, empowering users with information about the real estate landscape. Additionally, users can create accounts to save favorite listings, receive property alerts, and track their search history.
Government policies and regulations, including tax structures and zoning rules, alongside economic uncertainties such as recessions, are the primary factors constraining the growth of the real estate market. These influential elements determine the property values, development opportunities, and investor confidence, thereby making it crucial for real estate professionals to adapt and strategize in accordance with these dynamics, which can significantly impact the market's trajectory.
The growing number of smart cities and sustainable development projects over the region is expected to provide ample opportunities in the real estate market in the coming years. These projects focus on creating eco-friendly, tech-savvy urban environments that enhance the quality of life.
As cities face issues of energy efficiency and infrastructure, the real estate sector benefits from constructing environmentally friendly, technologically advanced properties. This trend not only addresses pressing global challenges but also offers a promising future for real estate investors and developers to prosper in a world increasingly focused on sustainability and technology.
The market players operating in the Israel real estate market include Azrieli Group, Gazit-Globe, Amot Investments, Melisron Ltd., Ashtrom Group, Tidhar Group, Caesarea Assets Corporation, BIG CEE, Prashkovsky Investments, Vitania Ltd, Daon Group Real Estate, RE/MAX Israel, Carasso Real Estate Ltd., Mivne Group, Sunset.
Small (<500 sq. ft.)
Medium (500–2000 sq. ft.)
Large (2000+ sq. ft.)
Residential
Apartments/Flats
Single-Family Homes
Multi-Family Homes
Condominiums
Townhouses
Vacation Homes
Commercial
Office Spaces
Retail Spaces
Co-working Spaces
Warehouses
Land
Urban Plots
Suburban/Rural Plots
Buying
Selling
Leasing
Renting
Real Estate Investment
Direct Property Investment
Real Estate Investment Trusts (REITs)
Owner-Occupied Properties
Rental Properties
Co-ownership
Affordable Housing
Luxury Housing
Ultra-Luxury Housing
Individual Buyers
First-time Homebuyers
Repeat Buyers
Luxury Buyers
Seniors/Retirees
Business Entities
Startups
SMEs
Large Corporations
Government
Civic Projects
Affordable Housing Initiatives
Institutional Investors
Azrieli Group
Gazit-Globe
Amot Investments
Melisron Ltd.
Ashtrom Group
Tidhar Group
Caesarea Assets Corporation
BIG CEE
Prashkovsky Investments
Vitania Ltd
Daon Group Real Estate
RE/MAX Israel
Carasso Real Estate Ltd.
Mivne Group
Sunset
Parameters |
Details |
Market Size in 2023 |
USD 85.3 Million |
Revenue Forecast in 2030 |
USD 154.9 Million |
Growth Rate |
CAGR of 8.9% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Growth Factors |
|
Companies Profiled |
15 |
Market Share |
Available for 10 companies |
Customization Scope |
Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope. |
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |