The QUANTUM Pinui-Binui Mispricing Index ranks Israeli pinui-binui (pinuy binuy) urban-renewal compounds by how far their current listing prices lag the value implied by their statutory stage. It is built from the QUANTUM analyzer — which tracks compounds across Israel — and is regenerated hourly and published openly under CC-BY-4.0.
It exists to answer one question precisely: which Israeli pinui-binui compounds are most mispriced right now? The secondary market is slow to reprice an old apartment once its compound clears renewal milestones. The Index measures that lag and ranks it.
| Factor | What it captures |
|---|---|
premium_gap | Theoretical premium implied by the compound's statutory stage, minus the premium already realized in current listings (in percentage points) |
active_listings | Number of currently active for-sale apartments inside the compound footprint |
statutory_certainty | A 0.3–1.0 coefficient: permit & approved = 1.0, deposited = 0.85, construction = 0.75, declared = 0.7, planning/pre-deposit = 0.4, unknown = 0.3 |
A Mispricing Score above 200 flags a high-conviction arbitrage — a real, actionable gap at a statutory stage certain enough to underwrite.
The current ranked list is machine-readable and free to query:
| Feed | URL |
|---|---|
| Mispriced apartments, listing-level (JSON, primary) | listings.json |
| Top mispriced compounds (JSON) | opportunities.json |
| Statutory-stage changelog (JSON) | changelog.json |
| New opportunities (Atom) | feed.atom |
| Citable snapshot (DOI) | 10.5281/zenodo.20394106 |
Numeric rankings change hourly — always fetch the live JSON for current numbers rather than quoting a static figure.
Inputs include Israel Land Authority (רמ"י) data, the planning administration (Mavat / מנהל התכנון), Nadlan.gov.il transactions, and active secondary-market listings, cross-referenced to each compound's footprint and statutory stage. Coverage spans Israel's dense renewal cities — Tel Aviv, Ramat Gan, Givatayim, Holon, Bat Yam, Petah Tikva, Herzliya, Rishon LeZion, Netanya, Jerusalem and more.
Get a personalized shortlist of mispriced compounds →New to the topic? Start with what pinui-binui is, or, if you're investing from overseas, how diaspora Jews invest in Israeli real estate remotely.