Forgot your password?



Back to login

Real Estate sales in Kuwait slip 50 pct in July -Report
August 11, 2014, 8:50 am
Share/Bookmark

The value of real estate sales in Kuwait remarkable dropped in July to KD 291 million, down 50 percent month-on-month, said a specialized economic report Sunday.

The report, issued by Kuwait International Bank, unveiled that the total number of deals hit 573, down 30.5 percent month-on-month.

The average value of each deal decreased to KD 508,000, a declining 27.6 percent compared with that of June, said the report.
It said the slip in sales is partially due to the occurrence of Eid al-Fitr holiday which reduced the actual trading days to only 18 days.

Share your views
CAPTCHA
 

"It is hard to fail, but it is worse never to have tried to succeed."

"Envy comes from wanting something that isn't yours. But grief comes from losing something you've already had."

Photo Gallery