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Real estate trade volume drops in 2017 first third

By JT - May 05,2017 - Last updated at May 05,2017

AMMAN — Trade volume in the Kingdom’s real estate market during the first third of 2017 dropped 5 per cent to JD2.028 billion, compared to the same period last year which registered JD2.136 billion, the Department of Land and Survey (DLS) announced on Thursday.

Northern Amman registration office ranked first in the Kingdom with JD417 million of trade volume, followed by Amman registration office with JD287 million, the Jordan News Agency, Petra, reported, citing the monthly report of DLS.

Amman offices and the DLS headquarters amounted to 72 per cent of the Kingdom’s trade volume, with a total of JD1.464 billion. Revenues of the DLS in the first four months of the year stood at JD105.7 million, marking a 3 per cent drop, compared to last year’s period that registered JD109.4 million.



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