Bank of Israel

Lowering the Interest Rate – Benefits and Risks

A few monthes have passed since the Bank of Israel decided to reduce the interest rate to a historic low of 0.25 percent, further to interest rate reductions prior to this move. The interest rate remained at 0.25 percent in October as well. The low rate resulted from a lack of options, as Israel wit...

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The Plans to Reduce Housing Prices Will Help – but Only in the Short Term

Two important programs were recently discussed in the media relating to the real estate market in Israel: the first is the zero percent VAT program for qualified, firs-time home buyers, and the second is the “target price” auctions, which will be 20 percent less than the market price. An article...

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