In January, the Israeli public took out mortgages totaling 8.7 billion shekels, slightly below the monthly average of 2025, despite a struggling housing market. According to Bank of Israel data, this marks a 22.3% decrease from December 2025, although December traditionally shows strong performance due to year-end effects. The Mortgage Advisors Association notes an increase in variable-rate indexed loans and a decrease in fixed-rate non-indexed loans. Housing prices in Herzliya, Ramat Hasharon, Tel Aviv, and Givatayim are expected to continue declining over the next five years, presenting buying opportunities at reduced prices for those who can wait.
