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FinancialNews
14-01-19
Jordan's housing sector severely down 13 percent in 2018
(MENAFN) Jordan's housing sector was truck with a sharp drop by 13 percent in 2018's trade volume from figures seen in 2017, and a significant 25 percent fall compared to 2016.
Results were unveiled based on recently published statistics for last year the Jordan Housing Developers Association (JHDA) completed.
JHDA President Zuhair Omari emphasized that "the sector has been steadily collapsing and I am afraid it is going to hit rock bottom in 2019."
The sector's sales however registered a minor 4 percent boost in December, marking it as the singular month with good results.
MENAFN1401201900450000ID1097970519
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