Show me an example Israel Real Estate News: Property values in the burgeoning suburb have skyrocketed

Saturday, August 11, 2007

Property values in the burgeoning suburb have skyrocketed

Not too long ago, Modi'in was known as a place that delivered a high standard of living for bargain prices. Not anymore. In the past month, let alone the past year, israel real estate agents say, property values in the burgeoning suburb have skyrocketed. modiin is One of Israel's first planned cities, today it houses some 70,000 people and is expected to expand to accommodate 120,000; yet even an expansion of that magnitude may not be enough to meet the current demand.