Jordan: Trading volume of Real Estate reached over $6bln till August in 2024

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On a monthly basis, real estate revenue for August saw a 6% decrease compared to the same month in 2023

Staff Writer, The Jordan Times

September 13, 2024

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AMMAN — The real estate market in Jordan recorded a total trading volume of approximately JD4.447 billion from January 2024 until the end of August, with a transaction volume of JD710 million in August, the Jordan News Agency  (Petra) reported on Thursday.

According to the monthly report from the Department of Land and Survey, real estate revenue decreased by 5 per cent compared to the same period in 2023, totaling around JD167 million. The report noted a 2 per cent drop in apartment sales and a 7 per cent decline in land sales compared to the same period in 2023.

On a monthly basis, real estate revenue for August saw a 6 per cent decrease compared to the same month in 2023, amounting to approximately JD25 million.

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