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National Housing Trust Jamaica
The National Housing Trust (NHT) is encouraging Jamaicans to begin preparing early for homeownership, emphasising financial awareness, disciplined saving, and long-term planning…
There is a moment, in every crisis, when certainty disappears. The forecasts are grim. The headlines are loud. The experts speak in…
Caribbean mortgage markets enter 2025 with improving rate conditions as Bank of Jamaica holds at 6.0%, NHT posts record disbursements, and the Dominican Republic leads regional housing growth.
With the US Federal Reserve holding rates at 5.25-5.50 percent, Caribbean mortgage markets face severe affordability pressures as Jamaica’s NHT records surging applications and Barbados reports a 15 percent drop in new mortgage originations.
Caribbean housing affordability has deteriorated to crisis levels with construction costs 25-40 percent above pre-pandemic levels, Jamaica’s NHT facing a 50,000-application backlog, and the ECCB flagging housing costs as a systemic risk across OECS economies.
Caribbean housing affordability reaches crisis point as US Federal Reserve raises rates to 4.75% and commercial mortgage rates in Jamaica breach 12%, with the NHT remaining the critical last line of concessional finance.
Against All Odds: Jamaica’s Property Market Rebounds from the Pandemic — Monthly Review, August 2020
Jamaica’s property market stages a remarkable mid-pandemic rebound in July 2020: tourism corridor returning visitors, record remittances, pent-up demand releasing and construction advancing.
Jamaica reopens its tourism corridors on June 15, 2020, triggering renewed north-coast property interest. Virtual transactions flourish as diaspora remittances hit record levels.
Jamaica’s housing market shows first signs of pent-up demand release in May 2020 as construction resumes and virtual property activity accelerates amid COVID restrictions.
Construction sites reopen under COVID protocols in April as Jamaica’s property market adapts. Virtual viewings, NHT relief and BOJ rate cuts define the new normal.
Jamaica Homes News
Independent Jamaican journalism worth supporting.
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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.
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