Jamaica’s second quarter of 2024 was, by the standards of the preceding decade, uneventful. There was no fiscal emergency, no currency crisis,…

Jamaica’s property market opened 2025 in a state that practitioners describe as purposeful rather than frenetic — a market that knows an…

The first quarter of 2024 found Jamaica in a position that would have been unrecognisable to the policymakers who had navigated the…

Jamaica’s property market closes 2024 as the most active year since the diaspora-fuelled boom of 2021, with transaction volumes in the Kingston…

When the final tourism count for 2023 was assembled, it confirmed what the data had been suggesting all year: Jamaica had set…

Jamaica’s third quarter of 2024 has consolidated the recovery that began in late 2023 into something more durable: a broad-based improvement in volumes across price segments, sustained price appreciation in the mid-market, and a north coast benefiting from another exceptional summer season. With the election calendar entering its active phase and the BOJ’s easing approaching completion, the market’s final quarter of 2024 will determine whether the recovery has legs into the election year.

By the summer of 2023, Jamaica’s economic policy establishment was doing something it had not done for two years: cutting interest rates.…

With a general election due no later than September 2025 and the BOJ’s easing cycle adding further fuel to the market’s recovery, Jamaica’s property sector enters the second half of 2024 in its most active state since the 2021 peak. Pre-election policy commitments on housing, the continued improvement in mortgage affordability, and another strong tourism season are sustaining a momentum that market participants are approaching with cautious confidence.

Somewhere in the second quarter of 2023, Jamaica’s headline inflation crossed back below 6 per cent and returned within the Bank of…

The Bank of Jamaica’s rate-cutting cycle accelerated through the opening quarter of 2024 as inflation returned within the target range, delivering meaningful relief to mortgage affordability for the first time since the 2021-22 tightening began. The property market’s response has been tangible: transaction volumes are up materially on Q1 2023, developer pre-sales are absorbing at the strongest pace in two years, and the buyer confidence that had been suppressed through the adjustment period is returning with it.