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Jordan: Real Estate Price Index Drops to 120 Points

Media In / Agencies / Amman 1 March 2018

 

The real estate price index in the Kingdom fell to 120.2 points at the end of 2017 compared with 121.1 points at the end of 2016. According to the Central Bank of Jordan, the index of residential real estate activity rose around 110 points for the two years of comparison.

While the non-residential sub-index rose to 102.9 points at the end of 2017 compared to 3.1 points. The land sales activity index fell to 128.7 points compared with 130.5 points.

The Central Bank of Jordan began to calculate the real estate asset price index in 2015, where the index for the start year was 119 points.

 

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