logo
#

Latest news with #JD21.4

Jordan's real estate trading volume hits JD1.089 billion
Jordan's real estate trading volume hits JD1.089 billion

Ammon

time11-03-2025

  • Business
  • Ammon

Jordan's real estate trading volume hits JD1.089 billion

Ammon News - The volume of real estate trading in Jordan increased during the first two months of 2025 by 1%, compared to the same period in 2024, to reach JD1.089 billion, according to the monthly report of the Department of Lands and Survey. The report showed that the volume of real estate trading during last February increased by less than 1% compared to last January, reaching JD545 million, while the value of revenues for the same month decreased by 2% compared to the same month in 2024, and 16% compared to the previous month, recording JD21.4 million. The value of revenues increased during the first two months of 2024 by 9% compared to the same period last year, reaching JD47.4 million, the report indicated. Real estate sales in Jordan have decreased by 3% since the beginning of 2025, as apartment sales increased by 4%, and land sales decreased by 5%, compared to the same period last year. During last February, real estate sales decreased by less than 1%, as apartment sales increased by 3%, and land sales decreased by 2%, compared to the same period last year. The report confirmed that the number of properties sold to companies in Jordan during the past two months reached 2,265 properties. According to the report, the number of non-Jordanian ownership transactions decreased by 17% during the past two months, as apartment sales decreased by 11%, and land sales by 24%, compared to the same period last year. The number of non-Jordanian property ownership transactions decreased by 26% last month, as apartment sales decreased by 8%, and land sales decreased by 45%, compared to the same month last year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store