Jamaica Homes News

Independent Jamaican journalism worth supporting.

No algorithms. No noise. Just the stories that matter.

Monday, September 28

Mortgages

The Caribbean real estate market is valued at US$1.87 trillion and growing, yet Caribbean developers continue to face persistent difficulty securing viable development financing. The gap between market scale and available capital is one of the region’s most significant structural challenges and a direct contributor to housing undersupply across Jamaica and the wider Caribbean.

Inflation hit a 29-month high of 6.7% in June, breaching the Bank of Jamaica’s target ceiling. The economy contracted 4.1% in the March quarter. Yet building plan applications rose 49.7% and the NHT is starting 10,675 units. Our monthly read on the numbers that move Jamaican property.

Jamaica Homes News

Independent Jamaican journalism worth supporting.

No algorithms. No noise. Just the stories that matter.

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Jamaica Homes News brings you the latest Jamaican news, property, business, tourism, development and community stories from across the island. Discover the people, places and developments shaping Jamaica today, with timely news and local insight you can trust.
Your source for the real estate news. 

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