Short answer: it’s far too early to say that overall house prices in Jamaica have fallen since Hurricane Melissa – and the limited data we have actually points in two directions at once. But if you zoom in to specific types of homes and neighbourhoods, especially low-lying coastal and riverine communities in the worst-hit western parishes, there are strong reasons to expect downward pressure on prices and land values in the short to medium term, even as prices in “safer” corridors may hold or even rise.
Below is a structured, evidence-heavy look at what’s really going on.
