27.05.2010 - Jordan real estate market 'still promising'
From Jordantimes.com: Experts and economists agreed on Wednesday that the outlook for Jordan’s real estate sector is still promising. They explained that the property market in Jordan enjoys a supply-demand balance, unlike the real estate market in the Gulf region, which was given a negative outlook by Moody’s Ratings Agency due to oversupply of housing units and tight credit conditions. Zuhair Omari, the president of the Housing Investors Society (HIS), said that demand on apartments is expected to grow in the coming months because people realised that prices of residential units are stable and are not going to fall but instead may rise..............................................Full Article: Source
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