Jordan real estate deals rise 18% in first half of 2010
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Jordan real estate deals rise 18% in first half of 2010

Jordan real estate deals rise 18% in first half of 2010

The total value of property deals in Jordan rose by 18% in the first six months of the year compared to the same period last year, according to figures by Jordan's department of land and survey reported by Reuters. Turnover stood at JD2.337bn ($3.3bn) up to the end of June, against JD1.974bn in Q1 2009. Industry analysts said the market is to benefit from a government stimulus package introduced in June to rejuvenate the sector by slashing fees on real estate transactions and easing curbs on credit to developers.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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