Jamaica Homes News
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As Jamaica’s IMF programme reaches its landmark conclusion, this review asks what six years of fiscal adjustment have meant for housing affordability — and whether the post-programme era will finally deliver supply to match the deficit.
Three years of GDP growth and falling unemployment have laid strong foundations for Jamaica’s housing market. This review measures what the Holness government’s first term has delivered for home buyers and what remains unfinished as the second half of the mandate begins.
Credit rating upgrades, strong tourism and three years of steady growth have made Jamaica’s housing market more confident than it has been in a decade. This review measures the recovery’s depth and asks who it has left behind.
Low rates, rising employment and record diaspora investment make July 2018 one of the better moments in recent memory for Jamaica’s housing market — yet the land titling crisis keeps hundreds of thousands of households locked out of formal homeownership.
Two years since Andrew Holness led the JLP to victory: Jamaica’s debt has broken below 100% of GDP, mortgages are at their most affordable in a generation, and the housing market is moving again — yet the structural supply deficit persists.
Jamaica survived the Caribbean’s most devastating hurricane season in a decade largely unscathed. This review examines what the regional catastrophe means for the island’s property market — and who is really benefiting from the most favourable mortgage conditions in a generation.
A month after Irma and Maria devastated swathes of the Caribbean, Jamaica counts its blessings and its opportunities. This review examines what the worst hurricane season in living memory means for Jamaica’s property market — including the insurance consequences that will arrive with a lag.
Sixteen months into the Holness government, Jamaica’s economy is growing and mortgage rates are at historic lows. This review asks whether the JLP’s first year in office has translated new energy into new housing supply for the Jamaicans who need it most.
Thirteen months into the Holness government, Jamaica’s economy is genuinely growing, the BOJ has started cutting rates and developer confidence is returning. This review assesses whether the new administration’s energy is translating into meaningful housing market improvement.
Ten months into the Holness government, Jamaica is growing again and the rate outlook is turning positive. This review asks what the JLP’s housing agenda has achieved in its first year — and where the urgent work for 2017 must be directed.
Seven months after the JLP’s election victory, Jamaica’s housing market is cautiously optimistic — but Brexit has disrupted diaspora buyer confidence from the UK, and the structural deficit awaits the new government’s supply-side agenda.
Two weeks after Britain voted for Brexit, Jamaica’s housing market is processing the shock — particularly for the UK diaspora whose sterling savings now buy less Jamaican property. This review assesses the Brexit effect on a market already navigating deep structural challenges.
Six weeks after Andrew Holness and the JLP won Jamaica’s most competitive election in years, the housing market is asking what change of government means in practice. This review assesses the PNP’s housing legacy, the JLP’s promises, and the structural reality that no election resolves overnight.
With Jamaica’s general election weeks away, housing policy becomes a political battleground. This review assesses what three years of IMF austerity have done to the housing market and what voters can realistically expect whichever party wins.
Two and a half years into the IMF programme, Jamaica has stability without housing progress. This review examines the disconnect between improved macroeconomic aggregates and the lived housing reality of Jamaican families still waiting for the adjustment to pay off.