29 May 12 15:06–New home sales rose 17% in April 2012, compared with March, snapping a three-month slump, the Central Bureau of Statistics reported today. New home sales rose to 1,868 homes in April from 1,438 in March, despite the Passover holiday. New home sales were unchanged compared with April 2011.
The largest increase in new home sales in April was in the Tel Aviv District, where they doubled from March to 291 homes. New home sales rose 77% in the Jerusalem District, 17% in the Northern District, and 11% in the Southern District. New home sales were unchanged at 660 homes in the Central District, and fell by 20% in the Haifa District…Read More>>