04-11-2020 10:54 PM
Ammon News - Trade volume in the Kingdom’s real estate market has dropped by 28% in the first ten months of 2020 standing at JD2, 5 billion, compared to the same period in 2019, announced the Department of Lands and Survey (DLS).
The Kingdom’s real estate report, issued by the DLS on Wednesday, showed that the in trading on a monthly basis amounted to JD305 million in October, down by 23%, compared to the same month last year.
Accordingly, the value of revenues decreased by 44% in the first months of 2020, reaching JD103 million, compared to the same period in 2019, while the value of last month's revenues decreased by 41% to reach JD12 million, compared with the same period of comparison of 2019.
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