Real estate trading up 24% in January–September of 2022

(File photo: Jordan News)
AMMAN — Jordan’s real estate trade volume rose by 24 percent in the January–September period of 2022, reaching JD4.353 billion, compared to the figure reported in the same period of 2021, according to the Jordan News Agency, Petra.اضافة اعلان

The Department of Land and Survey said on Tuesday that the revenue from the real estate market stood at JD199.6 million in the January-September period of 2022, a 38-percent increase over the figure reported in 2021.

Overall, real estate sales in the Kingdom dropped by 8 percent in the January–September period of 2022, apartment sales also declined by 3 percent, while land sales decreased by 9 percent compared to 2021.

On a monthly level, the trade volume in the Jordanian real estate market went up in September 2022 by 22 percent, amounting to JD529 million compared to the same month of 2021.

Meanwhile, revenue in September 2022 recorded a 31-percent rise, reaching JD24.2 million, compared with the same month of 2021. 

Read more Business
Jordan News