Real Estate Transactions Increase 6%

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AMMAN — Transactions in the real estate sector increase 6 per cent since the beginning of 2016 through February, totalling at JOD1.64 billion compared to JOD985 billion of the same period from the year before.

The Department of Lands and Survey state in their monthly real estate transactions report published Saturday 5th of March, that the rise has been consistent since January and amounts to JOD549 million compared to JOD532 million from 2015.

Accordingly, revenue from sector activities increased by 3 per cent at JOD53.1 million as opposed to JOD51.5 million last year.