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| Home sales in Israel plunge to a four-year low

Zev Stub    
Tuesday, 14 November 10:09 AM
Figures released this week that showed home sales slowing to a four-year low prompted the treasury to boast about slumping demand and hint it would depress prices.
 
“Outside its 27 degrees [Centigrade] but for us it’s frozen! September 2017 completed another frozen quarter for the property market,” the Finance Ministry said on its Facebook site Sunday, after its chief economist reported that home sales fell 26% year on year in September to 7,300, excluding those sold through the Mahir LemMishtaken program.
 
        
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