A sharp decline in the value of the US dollar has cooled American demand for Israeli real estate in recent months, while purchases by French and British nationals have surged, according to a recent Finance Ministry report.

American buyers comprised 49 percent of all foreign property purchases in the first quarter of 2026, compared to 60% a year earlier, the report found. However, the homes they acquired were significantly more expensive than those bought by other foreign nationals.

The analysis, published last week by the ministry’s Chief Economist’s Office as part of its March 2026 residential real estate review, provides the government’s first detailed breakdown of foreign property purchases based on the country where the buyer’s passport was issued.

The study found that buyers from the United States, France, and the United Kingdom accounted for 87% of all residential properties purchased by foreign citizens during the first three months of the year.

American buyers bought 238 apartments in the first quarter of 2026, compared to 248 during the same period in 2025. Over the same period, purchases by French citizens jumped to 130 apartments, from 84 in the first quarter of 2025, while those by British buyers rose to 57, from 37 a........

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