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Jamaica economic history
In May 2017, Jamaica completed the sixteen-quarter IMF Extended Fund Facility that had governed its economic life since 2013 — every review…
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.
Jamaica closed 2016 with GDP growth of approximately 1.4 per cent — the island’s strongest annual expansion since before the global financial…
Hurricane Irma carved a path of catastrophic destruction through the northern Caribbean in early September — but tracked north of Jamaica, sparing the island a direct hit. The market, briefly subdued by anxiety, resumed its pace within weeks.
As Jamaica’s IMF Extended Fund Facility moved into its penultimate quarterly review, the economy it had reshaped was performing at its strongest…
The schemes that developers launched on the back of 2014’s returning confidence are completing into a market that absorption can no longer be taken for granted — because it is happening faster than anyone projected.
When Finance Minister Audley Shaw rose in parliament to present Jamaica’s Budget 2016-17, the fiscal community was watching for signs of slippage.…
With stamp duty gone and a new IMF precautionary arrangement in place, Jamaica’s property market enters 2017 carrying momentum it has not felt since before the global financial crisis. The question is no longer whether the market is recovering. It is how far it can run.
On the night of February 25, 2016, Jamaica’s voters delivered the closest general election result in the island’s modern history, handing the…
Hurricane Matthew struck Jamaica’s southern parishes in early October, causing localised devastation but leaving the wider property market’s momentum largely intact. The year ends with the market structurally stronger than any year since 2006.
Jamaica Homes News
Independent Jamaican journalism worth supporting.
No algorithms. No noise. Just the stories that matter.
✓ You’re subscribed to the free newsletter
Help keep it independent.
Paid members unlock every article and keep Jamaica Homes News reader-funded.
★ Paid member
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Jamaica Homes News brings you the latest Jamaican news, property, business, tourism, development and community stories from across the island. Discover the people, places and developments shaping Jamaica today, with timely news and local insight you can trust.
Your source for the real estate news.
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