Story perspectives

Israel's Apartment Construction Delays Fuel Housing Price Surge

1/7/2026

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Summary

Story summary

Israel's Central Bureau of Statistics reports apartment construction time rose from 21.4 months in 1995 to 34.3 months in 2024.
The longer timeline slows new-unit supply and drives housing prices higher.
Attorney Roy Alkalay says delays stem from poor planning and inadequate contracts with developers.
He calls for improved planning, contracts, and streamlined regulations.
He cites the HaAchlama 5 project in Jerusalem as a successful example, approved in 16 months.

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Story summary

Israel's Central Bureau of Statistics reports apartment construction time rose from 21.4 months in 1995 to 34.3 months in 2024.
The longer timeline slows new-unit supply and drives housing prices higher.
Attorney Roy Alkalay says delays stem from poor planning and inadequate contracts with developers.
He calls for improved planning, contracts, and streamlined regulations.
He cites the HaAchlama 5 project in Jerusalem as a successful example, approved in 16 months.