Browsing: Caribbean housing affordability

A special retrospective spanning the full seventeen-year archive of the Caribbean Property & Investment Review — from the global financial crisis of 2009 through Guyana’s oil era and beyond, to July 2026.

From Kingston to Nassau and Santo Domingo, Caribbean families face the most challenging housing affordability conditions in a generation. April 2026 produced fresh evidence that the gap between wages and property prices is widening across every income segment and every island market.

Post-hurricane recovery drives construction cost surges across the Eastern Caribbean as CDB emergency financing flows, insurance markets harden, and winter tourism bookings recover.

The 2025 hurricane season winds down with damage assessments across the Eastern Caribbean revealing a deepening property insurance crisis, disrupted tourism bookings, and urgent CDB emergency financing.

September’s peak hurricane activity tests Caribbean property markets, accelerates the insurance capacity crisis, and prompts emergency government and multilateral financing responses across the region.

Caribbean summer tourism breaks records across Jamaica, Barbados and the DR as Barbados champions a US$8 billion clean energy blueprint and the CDB documents a 185,000-unit regional housing deficit.

NOAA forecasts an above-normal 2025 hurricane season as Jamaica’s IMF programme completes, Barbados launches a US$450 million climate resilience bond, and Caribbean spring tourism closes at record levels.

Record Easter occupancy across Jamaica and Barbados, St Kitts CBI records, Grenada property momentum, and Jamaica hotel construction surge headline Caribbean spring 2025 — as ECCB documents the deepening housing affordability crisis.

Caribbean mortgage markets enter 2025 with improving rate conditions as Bank of Jamaica holds at 6.0%, NHT posts record disbursements, and the Dominican Republic leads regional housing growth.

Hurricane Beryl devastates the Caribbean in July 2024 — the earliest Category 5 Atlantic storm on record. Carriacou faces near-total destruction, Jamaica counts J$15B in damage, and insurance gaps are exposed.

Our Mid-Year 2024 Six-Month Special Edition reviews Caribbean property and investment from January to July 2024 — covering the post-COVID tourism recovery completing, record hotel investment, Guyana approaching 600k bpd, the peak US rate environment, Caribbean housing supply deficits, Barbados luxury market, Jamaica infrastructure, Dominican Republic construction boom, and CBI demand.

Hurricane Beryl makes historic landfall on Carriacou, Grenada on 1 July 2024 as the earliest Category 5 Atlantic storm on record, devastating the Windward Islands and tracking toward Jamaica.

With the US Federal Reserve holding rates at 5.25-5.50 percent, Caribbean mortgage markets face severe affordability pressures as Jamaica’s NHT records surging applications and Barbados reports a 15 percent drop in new mortgage originations.

Caribbean property markets head into year-end with luxury segments performing strongly across Barbados, Cayman and Jamaica, while Christmas tourism bookings run 10-15 percent ahead of 2022 as housing affordability pressures intensify.

Caribbean housing affordability has deteriorated to crisis levels with construction costs 25-40 percent above pre-pandemic levels, Jamaica’s NHT facing a 50,000-application backlog, and the ECCB flagging housing costs as a systemic risk across OECS economies.