Local housing market in urgent need of stimulus packages, says sector representative
- Date: 27-Sep-2023
- Source: Jordan Times
- Sector:Real Estate
- Country:Jordan
Local housing market in urgent need of stimulus packages, says sector representative
AMMAN — The local housing market has witnessed a drop during the first eight months of 2023 in comparison with the same period of last year, revealed housing experts and developers.
Despite the decrease in sales of real estate properties, the Jordanian housing market attracts a significant number of Arab investors.
It is estimated to have a trade volume of around JD5.5 billion by the end of the year, according to Jordan Housing Developers Association former president Kamal Awamleh.
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