Ammon News - Jordan’s real estate trading volume reached approximately JD 2.458 billion during the first five months of 2026, marking a 5% decline compared with the same period in 2025, according to a report by the Jordan Land and Survey Department for May.

The report showed positive indicators for foreign ownership during May despite the overall slowdown in trading since the beginning of the year. The estimated value of property transactions by non-Jordanians increased by 26% compared with both May 2025 and the previous month, reaching JD 19.65 million.

However, the number of property ownership transactions by non-Jordanians during the first five months of 2026 fell by 11% compared with the same period in 2025, while apartment sales declined by 2% and land sales dropped by 23%.

In May, foreign ownership transactions decreased by 16% year-on-year, despite rising compared with the previous month. Land sales to non-Jordanians fell by 40% compared with May 2025 and by 12% compared with April.

On the other hand, apartment sales to non-Jordanians rose by 6% year-on-year and by 16% compared with the previous month. Overall foreign ownership transactions in May increased by 5% compared with April.

The estimated value of foreign ownership transactions during the first five months of the year fell by 7% year-on-year to JD 75.31 million.

Monthly real estate trading volume in May totaled JD 474.27 million, down 12% from May 2025 and 17% from the previous month.

Government revenues from the sector declined by 1% during the first five months of 2026 to JD 104.66 million. In May, revenues fell by 10% year-on-year and 16% month-on-month, reaching JD 18.90 million.

Real estate sales activity across Jordan declined by 12% during the first five months of the year, with apartment sales down 9% and land sales down 13%.

In May, overall property sales dropped by 14% year-on-year and 10% compared with April. Apartment sales fell by 12% compared with May 2025 and 8% compared with the previous month, while land sales declined by 14% year-on-year and 11% month-on-month.

The report also noted that a total of 3,684 properties were sold to companies across the Kingdom during the first five months of 2026.