Unlike nearly anywhere else in the world right now, Israel's real estate market is thriving. Home sales in Israel jumped 57% in June of this year, compared to the same month in 2008. June 2009 saw 1,540 homes sold nationwide, compared to just 980 a year earlier.
The Jerusalem area, where 30% of all apartments sold were located, has become one of the country's hottest areas. Overall, 92% more apartments were sold in the Yerushalayim area during the first half of 2009, compared to the same period a year earlier.
