Foreign investment in israel properties totaled $784 million during the first half of 2007

The Bank of Israel said that the extensive purchase of apartments by foreign residents was a direct continuation of the trend that began with the end of the second intifada in mid-2003, and that the trend was growing stronger. Foreign investment in israel real estate has totaled $4.71 billion since the beginning of 2003 and $5.3 billion since the beginning of 2000.