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Kuwait real property sales drop by 42 pct in July

Posted on 27 August 2010

From KUNA: The Kuwaiti real estate market saw sharp decline last July with the sales nose-diving by 42 percent compared with the previous month, the largest decline in five months, according to an economic report issued here on Wednesday.
In its economic brief, entitled “Real Estate Activity,” the National Bank of Kuwait (NBK) said there were only 415 real property transactions (residential, commercial and investment) registered at the Ministry of Justice……………………………………….Full Article: Source


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