Shea Levin — text status

The Israel Land Authority is on track to end 2026 having marketed land for only about 40,000 housing units, less than half of last year's total and the lowest figure in 13 years. Land for about 92,000 units was marketed last year and some 113,000 units in 2024, a drop of about 65%. Tender committees for residential construction have met only 75 times this year, versus 195 last year, and about 200 tenders meant to be completed this year exist only on paper. Housing Ministry Director General Yehuda Morgenstern predicted the gap would close, though that requires the tenders to be readied quickly.