In the southern district of Israel, about 700 transaction cancellations have been recorded in the housing market, with 669 new apartment purchase transactions canceled. Despite the drop in sales, the pace of new construction in the district continues to rise. Data from the Central Bureau of Statistics indicates that at the end of June 2026, there were 10,788 unsold new apartments, but when accounting for cancellations, the number rises to 11,457 apartments. The deputy chief economist of the Ministry of Finance, Galit Ben Naïm, notes that the gap is due to the fact that transaction cancellations are not accurately reflected in the inventory of unsold apartments. She emphasizes the change in the picture since the beginning of 2022, when there was a "deficit" of apartments, compared to a significant surplus today. Ben Naïm raises questions about the connection between transaction cancellations and bank support for projects, and provides an example of a buyer who won the "Price for Beneficiaries" program but canceled their purchases. She concludes with open questions regarding the implications of the current situation in the real estate market.