Home prices soar as inflation picks up * Housing snapshot: ToI’s monthly review of sales and rentals * Israel invests NIS 500m in R&D infrastructure to keep pace on AI

[Times of Israel]( [Real Estate Israel]( Friday, September 27, 2024 Presented by [Theatron]( [Israeli inflation picks up more than forecast as travel costs and home prices soar]( By Sharon Wrobel Consumer prices accelerated to 3.6% in August, the highest level since October, reducing the odds that the central bank will cut high borrowing costs in the coming months Real Estate Israel [Housing snapshot: Home sales and rentals across Israel in August 2024]( By Shoshanna Solomon The Times of Israel’s regular feature on what is happening in the local property market right now Promoted Content [The latest 5-star luxury residences in Jerusalem. Explore for yourself what Theatron has to offer]( Aviva Gat The new Jerusalem residence invites residents to participate in the art of living, whether that includes a quiet residential experience, hotel amenities, or cultural immersion in the holy city [Israel invests NIS 500m in R&D infrastructure to keep pace in global AI race]( By Sharon Wrobel Funds for the program will be allocated to create a national AI research institute, expand human capital, and integrate AI models across government services [Israeli AI startup forges $18m partnership with AstraZeneca for cancer drug trials]( By Sharon Wrobel inside story Sue Surkes [Kibbutz ravaged on Oct. 7 looks to renewal through gene-edited potatoes and tomatoes]( As the southern community mourns its losses, Holit is set to trial a potato whose natural toxins have been gene-edited out and a tomato that grows semi-dried on the bush [New Israeli low-cost carrier can’t take off from Haifa amid Hezbollah rocket fire]( By Sharon Wrobel Air Haifa, based in the northern port city, will launch its inaugural route to Eilat on September 30 but from Tel Aviv’s Ben Gurion Airport instead of Haifa International Airport [Treasury is said to propose new taxes to bolster state coffers and finance war]( By Sharon Wrobel Among the draft proposals for 2025 is freezing tax credits, taxing advanced study funds, reducing tax benefits on pension deposits, and increasing the tax on electric vehicles [Slowdown in growth of tech workforce is bad for tax revenue, report warns]( By Sharon Wrobel [Local institutions have moved $40 billion out of Israel since start of war – report]( By Sharon Wrobel Institutional investors managing citizens’ savings divert capital to foreign assets amid prolonged war, falling confidence in state’s ability to lead effective recovery, enable growth [Startups by ocean enthusiasts develop self-stabilizing e-foil, marina booking system]( By Sue Surkes Watersports company Level was formed after co-founder watched clients failing to balance hydrofoils, while Pick a Pier seeks to maximize marina use, ease reservations [Real Estate Israel]( [facebook]( [twitter]( [instagram]( [View in browser]( [Contact support](mailto:support@timesofisrael.com) [Advertise with us](mailto:advertise@timesofisrael.com) Were you forwarded this email? [Subscribe here]( [Unsubscribe]( from this List © 2024 The Times Of Israel, All Rights Reserved