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Yearly Archives: 2024

Real Estate Market Update First Quarter 2024

Real Estate Market Update 1st Quarter 2024 Background Economic Conditions A review of the Monetary Policy Discussion and Decision (MPD) of February and March 2024 revealed that the inflation rate experienced by the Jamaican economy had a high of 7.4 percent in January 2024 and a marginal decrease of 6.2 percent in February 2024. However, […]

Real Estate Market Update Fourth Quarter 2023

Real Estate Market Update 4th Quarter 2023 Background Economic Conditions A review of the Bank of Jamaica Policy Report for November 2023 highlighted the following:The inflation target of 4-6 percent was established by the Minister of Finance and the Public Service in consultation with Bank of Jamaica in April 2021. The Bank uses a variety […]