As 2023 closes, two converging narratives define Jamaica’s property market: a familiar crisis of affordability and supply, and an unfamiliar one — the arrival of artificial intelligence in the professional vocabulary of Caribbean real estate.

Read More

Mortgage rates above 9 percent have pushed Jamaica’s earning middle class beyond the threshold of formal homeownership. As the Bank of Jamaica holds its restrictive policy rate and AI tools begin circulating in Caribbean professional networks, the third quarter of 2023 marks the affordability crisis at its most acute.

Read More

Silicon Valley Bank’s collapse in March sends shockwaves through global PropTech funding just as GPT-4 ignites the most consequential AI conversation the property sector has ever had. Jamaica’s mortgage market reaches a decade-high pain point as the structural supply deficit holds prices firm against the affordability tide.

Read More

ChatGPT’s explosive November 2022 arrival reshapes the PropTech conversation globally as Jamaica’s property market cools from its pandemic-era heights. The BOJ’s rate hiking cycle reaches its most consequential phase as PropTech funding crashes from the 2021 record and the island navigates the pause between one cycle and the next.

Read More