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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



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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