Real Estate Trading Drop 3% in 5 Months

تم نشره في Tue 7 June / Jun 2016. 04:12 PM
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AMMAN —Al Ghad— Real Estate trading during the first 5 months of the current year 2016 dropped 3 per cent at JOD2.749 billion, compared to 2015. Tradings in the capital governorate comprised 72 per cent of total tradings in Jordan, at JOD1.978 million; JOD558 million traded in Amman north registry, JOD346 million in Amman centre, JOD344 million traded in the Amman west province, and JOD271 million in the southern register.

Real estate tradings in May totalled at about JOD613 million, declining by 1 per cent compared to May 2015, and public income from tradings in real estate via the land and area department over the first 5 months of the year amounts to JOD140 million, declining by 7 per cent, compared to the figures from 2015.

Exemptions on apartments totalled at around JOD39 million, increasing at about 16.4 per cent compared to the same period in 2015.

Foreign investment in real estate, over the first five months, dropped 9 per cent compared to the period in 2015, mostly by Iraqi purchasers, Saudis, and Americans in third place, at 39, 17, and 9 per cent of total investments in terms of value and scale, respectively.

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