Jordan's real estate trading up 45pct in January

Home Business Jordan's real estate trading up 45pct in January 23-02-2023 04:52 PM Ammon News - According to a report from the Department of Lands and Survey, the value of real estate traded in Jordan in January 2023 increased by 45% compared to the same month the previous year, reaching over JD466 million. Revenues during January 2023 increased by 61% in compared to the same month the previous year, reaching JD24,413,364. Apartment exemptions' value rose by 14% in January 2023 compared to the same month the year before, reaching JD8,189,122. When compared to January 2022, the value of all revenues and apartment exemptions increased by 46% to JD32,602,486. On the other side, the estimated value of non-Jordanian sales in January 2023 amounted JD15,822,147, a 12% drop from the same month the previous year. The movement of non-Jordanian sales increased in January 2023 by 25% when compared to the same month in 2022. Apartment sales increased by 30% when compared to the same month in 2022, while land sales increased by 16%. During the month of January 2023, the movement of real estate sales in the Kingdom increased by a rate of (29%) compared to its counterpart in 2022, with apartment sales increasing by (23%) and land sales growing by 31%.

Home Business

Jordan's real estate trading up 45pct in January

23-02-2023 04:52 PM

Ammon News - According to a report from the Department of Lands and Survey, the value of real estate traded in Jordan in January 2023 increased by 45% compared to the same month the previous year, reaching over JD466 million.

Revenues during January 2023 increased by 61% in compared to the same month the previous year, reaching JD24,413,364.

Apartment exemptions' value rose by 14% in January 2023 compared to the same month the year before, reaching JD8,189,122.

When compared to January 2022, the value of all revenues and apartment exemptions increased by 46% to JD32,602,486.

On the other side, the estimated value of non-Jordanian sales in January 2023 amounted JD15,822,147, a 12% drop from the same month the previous year.

The movement of non-Jordanian sales increased in January 2023 by 25% when compared to the same month in 2022. Apartment sales increased by 30% when compared to the same month in 2022, while land sales increased by 16%.

During the month of January 2023, the movement of real estate sales in the Kingdom increased by a rate of (29%) compared to its counterpart in 2022, with apartment sales increasing by (23%) and land sales growing by 31%.

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