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Housing Sector Investors Call for Lower Loan Interest Rates to Boost Demand

Housing Sector Investors Call for Lower Loan Interest Rates to Boost Demand

Investors in the housing sector are calling on the relevant authorities to provide incentives for the sector, given its current state of decline, with the most important being the reduction of interest rates on housing loans.

They pointed out in interviews with «Alrai» that the demand for apartments is experiencing a 25% decline during the current period, compared to the same period last year.

Real estate transactions in Jordan during the first five months of the current year amounted to approximately 2.458 billion Jordanian Dinars, a 5% decrease compared to the same period in 2025, according to a report by the Land and Survey Department for the month of May.

Ownership indicators for non-Jordanians showed positive results last month, despite the decline in transaction volume since the beginning of the year, as the estimated value of transactions for non-Jordanians increased by 26% compared to the same month of 2025, and by the same percentage compared to the previous month, reaching 19.65 million Jordanian Dinars.

The number of ownership transactions for non-Jordanians during the first five months of 2026 decreased by 11% compared to the same period of 2025, with apartment sales decreasing by 2% and land sales by 23%.

The number of ownership transactions for non-Jordanians during May also decreased by 16% compared to the same month of 2025, despite an increase compared to the previous month, while land sales for non-Jordanians decreased by 40% compared to the same month of 2025, and by 12% compared to the previous month.

In contrast, apartment sales for non-Jordanians during May increased by 6% compared to the same period of 2025, and by 16% compared to the previous month, while the number of ownership transactions for non-Jordanians during May increased by 5% compared to the previous month.

Housing sector investor Abdul Naeem called on the relevant authorities to provide incentives for the sector, given its current state of decline.

He pointed out that the demand for apartments has decreased by 25% during the current period, compared to the same period last year.

Housing sector investor Engineer Mounir Al-Kilani agreed with what Naeem said, regarding the 25% decline in demand for residential apartments at the very least during the current period.

Al-Kilani pointed out that the demand for residential apartments declined due to the regional circumstances affecting the region.

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