Near Gaza, apprehensive returnees trickle back home to revive deserted communities * Housing snapshot feature * Commercial property prices take a tumble

[Times of Israel]( [Real Estate Israel]( Friday, February 23, 2024 Presented by [Zemach Hammerman]( [Near Gaza, apprehensive returnees trickle back home to revive deserted communities]( By Canaan Lidor Traumatized yet determined, thousands are now resettling towns that still echo with the sounds of war and offer limited services for residents Inside story Shoshanna Solomon [Exiled from greener pastures, southerners cram kibbutz life into two Tel Aviv towers]( Evacuated Kibbutz Re’im residents work to acclimatize in two newly built high rises in a bid to reinvent the coziness of their former home Promoted Content [Zemach Hammerman CEO envisions a post-war real estate boom in Israel]( The company is currently marketing several projects with substantial investment potential if Feiglin’s optimistic prognoses come to fruition. [On Be’eri, bulldozers begin kibbutz rebuild by clearing out rubble of October 7]( By Canaan Lidor Over 1 in 3 homes were badly damaged in the Gaza-adjacent community, where a 2-year rehabilitation plan will cost more than NIS 300 million; 97 civilians were killed at the kibbutz [4 miles from war: In biggest homecoming yet, hundreds of evacuees return to Shokeda]( By Canaan Lidor [Housing snapshot: Home sales and rentals across Israel]( By Shoshanna Solomon The Times of Israel’s regular feature on what is happening in Israel’s property market right now [Economic downturn, tech slump send commercial real estate prices tumbling]( By Shoshanna Solomon Rental prices for office space in Israel plunged by 16% last year, as technology firms downsize and drive down demand [War-battered economy plunged almost 20%, marking sharpest contraction since pandemic]( By Sharon Wrobel [After credit downgrade, Moody’s lowers deposit ratings of Israel’s five largest banks]( By Sharon Wrobel Inside story [Decision expected in legal battle over ‘holy’ classification of Baha’i gardens in Acre]( By Nurit Malkin Bahji Gardens are closed to the public as Baha’i leadership battles city’s decision to lift tax exemption and charge community NIS 7 million a year for faith founder’s burial spot [West Bank settler population grew by nearly 3% in 2023 — report]( By AP Citing government numbers, pro-settler group says population has passed 517,000, not including East Jerusalem; predicts ‘accelerated growth’ Archaeology [Buildings, roads in ‘huge, complete’ Roman-era military base revealed by excavations]( By Gavriel Fiske Site near Tel Meggido is the only excavated Roman permanent camp in Israel; the Roman Sixth Legion, which was based there, fought against Jewish forces in the Bar Kochba revolt [Real Estate Israel]( [facebook]( [twitter]( [instagram]( [View in browser]( [Contact support](mailto:support@timesofisrael.com) [Advertise with us](mailto:advertise@timesofisrael.com) Were you forwarded this email? [Subscribe here]( [Unsubscribe]( from this List © 2024 The Times Of Israel, All Rights Reserved