The real estate market in Israel is experiencing significant difficulties, with contractors facing a decline in sales. In August of this year, 7,532 apartments were sold, a slight decrease compared to last year, with the free market recording a sharper decline with the sale of 6,242 apartments. Contractors managed to maintain a relatively high sales pace, with 3,362 new apartments sold, mainly thanks to government housing programs offering significant discounts. Additionally, financing promotions have returned, with a 50% increase in the rate of new apartments sold with financing benefits. Despite this, contractors' cash flows plummeted by 58% compared to August of last year, indicating economic difficulties. Furthermore, 29% of home exchangers purchased a cheaper apartment, indicating the impact of high interest rates on households. The current situation points to significant challenges in the housing market, with a need for additional financing promotions to encourage purchases.