Robyg to sell 2,600 by the end of 2016

Real estate developer Robyg is expecting to maintain sales at the same level as last year and wants to sell 2,600 units in the whole of 2016, according to a press release. "In last year we sold 2,333 flats, in H1 2016 it was 1,375 units – these are our historical records. In our opinion, sales are expected to remain at current levels. We do not predict any sudden changes in our sector. The number of sold flats at the end of 2016 may amount to approximately 2,600 units. The macroeconomic environment is conducive to the purchase of housing - we have deflation, interest rates are low, unemployment is declining and wages are rising. This all has a positive effect on the primary housing market,"  said Eyal Keltsh, vice president of ROBYG.