Real estate prices down 0.1pct in 2020

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Home Business Real estate prices down 0.1pct in 2020 16-03-2021 11:46 AM Ammon News - The real estate price index edged down by a slight 0.1 percent in 2020 compared with a year earlier, the Central Bank of Jordan (CBJ) said Monday, adding that the decrease was driven by a 20-percent decline in the sub-index gauging residential units prices and 0.7 percent decrease in the non-residential sub-index. Meanwhile, the CBJ indicated that land prices index picked up by 1.2 percent. The real estate price index is based on sub-indices gauging the prices of various types of real estate assets, residential and non-residential, and land, depending on the data received from the Department of Lands and Survey.

Home Business

Real estate prices down 0.1pct in 2020

16-03-2021 11:46 AM

Ammon News - The real estate price index edged down by a slight 0.1 percent in 2020 compared with a year earlier, the Central Bank of Jordan (CBJ) said Monday, adding that the decrease was driven by a 20-percent decline in the sub-index gauging residential units prices and 0.7 percent decrease in the non-residential sub-index.

Meanwhile, the CBJ indicated that land prices index picked up by 1.2 percent.

The real estate price index is based on sub-indices gauging the prices of various types of real estate assets, residential and non-residential, and land, depending on the data received from the Department of Lands and Survey.

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