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Apartments in Israel 'Flying Off Shelves' Amid Housing Shortage

Israel’s red-hot real estate market has been booming over the last several months, with demand for housing far outpacing supply. Increased aliyah, or immigration to Israel, has exacerbated the problem, with new citizens, and people thinking about becoming citizens, looking for a dwelling in the Jewish state. As the competition to purchase property in Israel becomes stiffer, new trends are emerging, such as the willingness to buy a home sight unseen ....

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