Ammon News - The real estate market maintained steady growth through the first ten months of the year, with total trading volume reaching JD 5.8 billion by the end of October, according to the latest monthly report issued by the Department of Lands and Survey (DLS).

The report revealed that real estate transactions during October alone totaled JD 634.5 million, marking a 3 percent increase compared with September, reflecting continued resilience in the property sector despite broader economic headwinds.

During the January–October period, government revenues from real estate activity rose by 3 percent year-on-year, totaling JD 224.5 million, supported by stable demand in both residential and land markets.

In terms of sales performance, the overall volume of real estate transactions declined marginally, by less than 1 percent, compared with the same period in 2024. Apartment sales increased by 1 percent, while land sales posted a slight rise of under 1 percent, underscoring a relatively balanced market performance across segments.

On a monthly basis, October revenues grew by 4 percent year-on-year, reaching approximately JD 25 million, driven by improved transaction activity and consistent investor confidence in the property sector.