Kuwait: Property prices up 15pc in July, says report
Real estate prices in the Gulf State rose by 15 percent after numerous lenders, including Kuwait Finance House…
August 24, 2009 2:01 by kippreport
Real estate prices in the Gulf State rose by 15 percent after numerous lenders, including Kuwait Finance House, reentered the Kuwaiti property market, according to a report by Kuwait-based Emaar Company for Real Estate Services.
The nation’s real estate registration department noted a 55 percent increase in transactions in the residential market during July, with 307 contracts signed worth KD55 million ($191.7million).
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