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Ammon News - The volume of trading in the Jordanian real estate market during the first nine months of 2024 reaches JD5 billion, according to the monthly report of the Department of Lands and Survey (DLS), which indicated a 3% decrease compared to the same period in 2023.

According to a report issued on Sunday, the volume of trading in the Jordanian real estate market reached Jd639 million during September, an increase of 5% compared to the same month last year, and a decrease of 10% compared to the previous month.

The DLS's revenues value decreased by 2% during the first nine months of 2024 compared to the same period last year, reaching JD193 million, while its value increased during the past month by 24% compared to the same month last year, and 2% compared to the previous month, reaching JD25.5 million.

The number of ownership transactions for non-Jordanians decreased by 8% last September, compared to its counterpart last year, and decreased by 10% compared to the previous month, the report indicated.

Apartment sales decreased by 8% compared to last year, and 3% compared to the previous month, and land sales decreased by 8% compared to the same month last year, and 19% compared to the previous month.

The estimated value of non-Jordanian ownership transactions decreased by 7% during the first nine months of this year, compared to the same period last year, reaching JD157 million.

The estimated value of non-Jordanian ownership transactions increased last month by 17% compared to the same month last year, while it decreased by 9% compared to last August, reaching JD21 million.

Real estate sales in Jordan decreased by 5% during the first nine months of the current year, as apartment sales decreased by less than 1%, and land sales decreased by 7% compared to the same period last year, the report said.

The report also showed that the real estate sales in Jordan decreased by 1% last September, compared to last year, and decreased by 17% compared to the previous month.