Jordan’s real estate trade volume inched up by 9 percent the in first two months of 2022, reaching JD735 million, compared to the figure reported in the same period of 2021.
The Department of Land and Survey (DLS) revealed on Sunday that the state’s revenue in the first two months of 2022 stood at JD32.4 million, up 15 percent from the figure reported in 2021.
Overall real estate sales in the Kingdom in the first two months of the current year decreased by 10 percent, as apartment sales declined by 5 percent and land sales went down by 11 percent compared to the same period of 2021.
On a monthly level, the trade volume in the Jordanian real estate market went up in February of 2022 by 11 percent, amounting to JD392 million compared to the same month of 2021. Meanwhile, revenue in February of 2022 recorded a 14-percent increase, reaching JD17.2 million compared to the same month of 2021.
