Real estate deals plunged last year

Sir X

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Real estate deals plunged last year

July 12, 2014, 02:48 PM

Real estate deals plunged last year
Friday, July 11, 2014

A section of the Negril beach in Westmoreland. Westmoreland was responsible for 27 per cent of value of the real estate transactions in 2013.

REAL Estate transactions in Jamaica totalled some $100 billion last year.

That represented an over one-quarter decline on the $140 billion spent in 2012, according to the Real Estate Data Report 2014 published by Kingston Properties.

Essentially, the sector continues to make a slow recovery from the Western financial crisis.
http://www.jamaicaobserver.com/busin...-year_17137265

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