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Jamaica’s property market closes 2021 with resilience intact, but rate hikes, rising build costs and supply shortages loom large over the new year ahead.
Jamaica’s housing market holds firm in November 2021 as tourism rebounds and a second BOJ rate hike looms, reshaping affordability calculations for buyers.
The Bank of Jamaica raised rates for the first time in 13 years in October 2021, sending signals to a buoyant housing market still powered by COVID-era demand.
The Government’s repeated drawdowns from the NHT raise a hard question: should money meant for housing balance the national budget? A look at both sides of a long-running tension.
Jamaica closes 2019 in the strongest economic position in a generation. A year-end housing market review and cautiously optimistic look ahead as the new decade begins.
Jamaica’s housing market closes November 2019 in strong form: record tourism, post-IMF confidence, robust NHT delivery, and diaspora demand all drive an active year-end market.
Jamaica graduates from its IMF programme in November 2019, cementing economic credibility. The housing market closes Q3 in strong form with rising prices and active NHT delivery.
The NHT spent $106 million maintaining an unsold Trelawny estate by 2019, a concrete look at what idle public assets cost the contributors who fund them, and a lesson in stewardship.
Jamaica’s housing boom deepens as record tourism drives residential demand in Montego Bay and Kingston; NHT joint ventures and private gated communities accelerate.
Jamaica’s housing market enters mid-2019 in strong form: NHT schemes advance, Kingston apartments attract diaspora buyers, and Montego Bay expands.
Record tourist arrivals and rising rents are driving Jamaica’s coastal residential market to new heights as the mid-2019 property market holds its buoyant form.
As the new fiscal year begins, a provocative claim: that NHT loan ceiling increases may be fuelling house price inflation in Jamaica’s property market.
Jamaica’s March 2019 budget debate reignites the NHT transfer controversy, as the housing deficit and affordability crisis demand urgent policy attention.
Jamaica’s housing market enters March 2019 with sellers holding firm on prices and the supply deficit continuing to underpin demand across all segments.
Young professionals are reshaping Jamaica’s urban apartment market in early 2019, as Kingston and St Andrew see a surge in multi-storey residential development.