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Jordan’s property trading hits JOD7.67 billion

North Amman led the realty market in the country

Trading in Jordan’s real estate market during 2015 reached JOD7.67 billion, down by two per cent compared with the same period in 2014.

The Directorate of North Amman topped other regions with a trading value of JOD1.67 million, followed by Amman (JOD1.11m), then West Amman (JOD855,000) and South Amman (JOD700,000), reports Ammon News.

Trading in the districts of the capital accounted for 74 per cent of this year’s total trading volume and amounted to JOD5.66bn.

Trading in the real estate market during this month reached JOD743,000, an increase of 22 per cent compared with the same month of 2014.

The registration directorates’ revenue in the capital and the main centre accounted for 73 per cent of the total revenue, which amounted to JOD274.29m, while other directorates’ revenues recorded JOD102.67m.

(JOD1 = AED5.18, at the time of publishing)