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.

Four consecutive BOJ rate cuts in 2024 brought the policy rate to 6.00%, Hurricane Beryl cost 1.1% of GDP, and mortgage originations rose 12.8%. Jamaica enters 2025 with genuine momentum but unchanged structural challenges. January 2025’s review takes the full measure.

Hurricane Beryl damaged 8,700 homes and contracted Jamaica’s economy by 2.8%, even as the Bank of Jamaica began cutting rates and the NHT announced 15,000 new affordable solutions. October 2024’s review examines a market defined by contradiction — and cautious hope.

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.

Hurricane Beryl made landfall across Jamaica four days ago, devastating southern parishes and exposing the deep vulnerabilities of a housing market already strained by high rates, constrained supply and a 150,000-unit deficit. July 2024’s review examines what the storm means for buyers, renters, and the road ahead.

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 Bank of Jamaica’s rate held at 7.00% for eleven consecutive months and a new starter home programme just announced, Jamaica’s housing market in spring 2024 is poised at an inflection point. This review asks what comes next — and whether policy ambition can finally match delivery.

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.

Seven months at peak rates, a record tourism year and an election on the horizon: Jamaica’s housing market begins 2024 waiting for the turn that the data says is coming — but that has not yet arrived.