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Jordanian real estate market down 12% compared to October of last year
By JT - Nov 05,2018 - Last updated at Nov 05,2018
AMMAN — Trade volume in the Kingdom’s real estate market fell by 12 per cent through the end of October, reaching JD4.428 billion compared with JD5.60 billion for the same period in 2017, the Jordan News Agency, Petra, reported.
The Kingdom’s real estate report, issued by the Department of Land and Survey on Monday showed that the drop in trading on a monthly basis amounted to JD474 million in October and constituted 17 per cent, compared to JD573 million for the same month of 2017.
Accordingly, the value of revenues until the end of October decreased by 13 per cent to reach JD225.4 million, compared with JD258.4 million for the same period of comparison.
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