You are here
Trade volume in real estate surges to JD5.896b in first 10 months of 2023
By JT - Nov 11,2023 - Last updated at Nov 11,2023
Real estate purchases in the first 10 months decreased by 4 per cent (Petra photo)
AMMAN — Trade volume in the real estate sector reached JD5.896 billion during the first 10 months of this year, according to the Land and Survey Department's monthly report.
The monthly report showed that the trade volume in October recorded JD629 million, a 3 per cent increase in comparison with September 2023, the Jordan News Agency, Petra, reported.
The department noted that real estate purchases in the first 10 months decreased by 4 per cent compared with the same period of last year.
Revenues during the past 10 months reached JD220 million, a drop by two per cent in comparison with the same period last year.
In comparison with last September, revenues in October increased by 18 per cent, recording JD42 million.
Related Articles
AMMAN — The local housing market activity in 2023 dropped by 4 per cent, compared with the same period last year, due to increasing interest
AMMAN — The low demand impacting the local housing sector has prompted land developers to step up calls for stimulus packages to boost marke
AMMAN — The real estate market faces challenges in the first month of 2024 due to the uncertain geopolitical climate and weak domestic