IMF

The Portland Eastern by-election of July 2019 returned an additional JLP seat, expanding Holness’s majority to two. The market, which had been carrying a measure of political anxiety since 2016, responded to the reduced constitutional uncertainty with a notable Q3 volume uplift.

The summer of 2018 arrived in Jamaica with a quality that was new — not just the warmth and the…

No hurricanes, no elections, no IMF drama. Jamaica’s property market in the second quarter of 2019 was defined by what did not happen as much as by what did. The expansion continued, quietly and at pace.

When Finance Minister Audley Shaw rose in the House of Representatives in April 2018 to present Budget 2018–19, the question…

The constitutional clock on the Holness government’s first term is running. The property market, which has learned to track political risk with the same discipline it applies to interest rates, opens 2019 in good health but with an ear to the ground.

Something shifted in Jamaica’s economy in the opening months of 2018, and the data that emerged through the quarter made…

GDP growth in 2018 will mark Jamaica’s seventh consecutive year of economic expansion — a sequence without precedent in the modern era. The property market closes the year in step with the economy: quieter than 2017’s boom, but deeper and more durable.

Jamaica closed 2017 with its seventh consecutive tourism record, a primary surplus maintained well above programme targets, and a debt-to-GDP…

For the second consecutive year, Jamaica’s hurricane season closed without a direct hit on the island’s most valuable property corridors. The market absorbed the seasonal anxiety and moved on. The numbers for Q3 confirm steady expansion.

In early September 2017, Jamaica watched Hurricane Irma — one of the most powerful Atlantic storms ever recorded — pass…

Two years after the stamp duty reform and with the IMF’s most favourable endorsement in a generation secured, Jamaica’s property market enters mid-2018 in a posture of confident consolidation. The race to the top has given way to the harder work of sustaining the gains.

The first full quarter of life after Jamaica’s IMF Extended Fund Facility posed the question that economists had long debated:…

The first quarter of 2018 brings the first signs of price deceleration in the premium segment as new supply enters the market. The boom continues, but the geometry is changing.

In May 2017, Jamaica completed the sixteen-quarter IMF Extended Fund Facility that had governed its economic life since 2013 —…

For the first time since before the global financial crisis, Jamaica’s property sector can apply the word ‘boom’ without apology. Transaction volumes, price levels, developer activity, and buyer confidence are all, simultaneously, at post-crisis highs.