During the three months from March to May 2023, the real estate market in Israel experienced a significant decline in apartment sales, with 21,390 apartments sold, representing a decrease of 10.6% compared to the previous three months. While sales in the contractor market rose by 8.2% compared to last year, the second-hand market suffered a 13.7% drop in sales. The data, presented by the Central Bureau of Statistics, indicates a decrease of 5.7% compared to the same period last year. However, when ignoring seasonal effects, there was a recorded increase of 2.4% in sales compared to the previous three months and a modest increase of 0.5% compared to last year. Some are concerned about the data and question its reliability, especially regarding price declines in the second-hand market, raising concerns about the economic state of the real estate market in Israel.