real estate roundup

A comprehensive quarterly review of Jamaica’s property market from January to March 2026, covering the BOJ’s February rate cut to 5.50%, a record 1,377 building permit applications worth J$68.8 billion in the quarter, Carib Cement’s all-time record month in February, the Melissa damage cost climbing to J$1.95 trillion, the NHT managing 41,000+ housing solutions, and the first signs of a market reorganising itself around the demands of the largest reconstruction in Jamaica’s history.

A comprehensive quarterly review of Jamaica’s property market from October to December 2025, written in the immediate aftermath of Hurricane Melissa — the most destructive natural disaster in Jamaica’s recorded history. Covering US$8.8 billion in physical damage, 120,000+ roofless buildings, the government’s National Reconstruction and Resilience Authority, the Bank of Jamaica holding at 5.75%, a GDP contraction of 8-13%, and the property market’s first assessments of a changed landscape.

A comprehensive quarterly review of Jamaica’s property market from April to June 2025, covering the Bank of Jamaica’s May rate cut to 5.75%, the NHT’s new loan limits taking effect June 16, GDP growth of 1.6%, advancing hospitality investment in Montego Bay, and evidence that Jamaica’s residential market is finding its stride in a lower-cost borrowing environment.

A comprehensive quarterly review of Jamaica’s property market from January to March 2025, covering the JLP general election victory, BOJ holding at 6%, PM Holness’s landmark NHT benefit package, MLS data showing 553 properties under contract worth J$27.6 billion, and evidence of renewed buyer confidence.

A comprehensive quarterly review of Jamaica’s property market from October to December 2024, covering the Bank of Jamaica’s three additional rate cuts to close the year at 6%, Moon Palace’s 1,350-room Montego Bay announcement, 4,822 new NHT mortgage accounts worth J$82.9 billion, and the Beryl recovery entering its critical second phase.

A comprehensive quarterly review of Jamaica’s property market from July to September 2024, covering the destruction of Hurricane Beryl, the Bank of Jamaica’s historic first rate cut in the new easing cycle, the economic contraction that followed the storm, and the resilient demand that is already pushing reconstruction activity forward.

A comprehensive quarterly review of Jamaica’s property market from April to June 2024, covering the Bank of Jamaica’s landmark easing signal, flat GDP growth, NHT activity, commercial development, tourism investment, and the ominous approach of Hurricane Beryl as the quarter closes.

A comprehensive quarterly review of Jamaica’s property market from January to March 2024, covering Bank of Jamaica monetary policy, NHT housing programmes, residential demand trends, commercial construction, tourism investment and the economic backdrop shaping property decisions across the island.

A quarterly review of Jamaica’s property market from April to June 2020, covering the full impact of the COVID-19 pandemic’s acute phase — a near-complete suspension of property transactions as curfews and movement restrictions froze economic activity, tourism shut down entirely, the BOJ cutting rates to a historic 0.50% floor, GDP falling sharply, and a market in suspension rather than collapse — with Jamaica reopening its borders on June 15 at the quarter’s close.

A quarterly review of Jamaica’s property market from January to March 2020, covering a sector that entered the year with solid momentum from a strong 2019, a positive January-February winter season for tourism, and a property market in active transaction before COVID-19 arrived in Jamaica on March 10 and, within weeks, had suspended economic life, shuttered tourism, forced emergency BOJ rate cuts and left the property market in a state of shock that no forecast had prepared it for.

A quarterly review of Jamaica’s property market from October to December 2019, covering a year that would stand as the pre-pandemic benchmark for the island’s property and tourism performance — 2019 tourism arrivals setting a new record, the BOJ continuing its gradual rate easing, a residential property market in active transaction across all price segments, and a construction sector whose strata development pipeline was building the supply that the demographic demand of the 2020s would require.

A quarterly review of Jamaica’s property market from January to March 2019, covering a sector entering the year with its strongest macro foundations in over a decade — the IMF programme delivered, debt on a declining path, tourism at near-record levels, the BOJ easing rates to support growth, and a residential property market responding with improving transaction volumes and the earliest signs of the strata apartment boom that would define the early 2020s.

A quarterly review of Jamaica’s property market from October to December 2018, covering a year that marked the effective completion of Jamaica’s IMF Extended Fund Facility programme, a BOJ continuing its rate easing as inflation came under control, tourism approaching its highest annual performance in years, and a residential property market that had navigated the austerity decade and was emerging with improving fundamentals and early signs of the apartment development trend that would define the years ahead.

A quarterly review of Jamaica’s property market from April to June 2018, covering a sector operating in the improving but still constrained conditions of a post-austerity economy, the BOJ on a gradual rate easing path as inflation moderated, tourism continuing its recovery trajectory, a residential market in which buyers were beginning to respond to better affordability with more confident purchase decisions, and the early strata apartment development activity that was beginning to reshape Kingston’s residential supply picture.

A quarterly review of Jamaica’s property market from January to March 2018, examining a sector buoyed by a strong winter tourism season and the Bank of Jamaica’s continued rate easing, with the residential market showing improved buyer confidence in Kingston and St Andrew, the NHT programme delivering steady if insufficient affordable housing volumes, and the strata development segment continuing to grow its pipeline as the economy’s IMF programme disciplines delivered incrementally improving fundamentals.