Real estate trade up 37% in Q1

3. EXTRA Amman CAN CUT FROM
(File photo: Ameer Khalifeh/Jordan News)
AMMAN — Jordan's real estate trade volume reached JD1.414 billion in the first quarter of 2022, an increase of 37 percent compared to the figure reported in the first quarter of 2021, according to the Jordan News Agency, Petra.اضافة اعلان

According to the Department of Land and Survey’s (DLS) monthly report issued on Wednesday, the state's revenue from the real estate market stood at JD63.1 million in the same period of 2022, up by 48 percent from 2021.

Overall real estate sales in the Kingdom picked up by 2 percent compared to 2021, while apartment sales rose by 13 percent and land sales inched up by 1 percent.

On a monthly level, the trade volume in the Jordanian real estate market in March increased by 90 percent, amounting to JD679 million compared to the same month of 2021.

State revenue in March recorded a 90 percent increase, reaching JD44.3 million compared to the same month of 2021.


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