 Real estate activity in Kuwait fell to its lowest level in 11 months in February, according to the latest monthly statistics from the National Bank of Kuwait. A total of 839 sales transactions were registered in worth KD156.1m ($586.6m). The value of residential sales fell 24%, driven by the 47% drop in average property prices. The value of loans approved by the Savings and Credit Bank declined by 22% in February.
Source: http://www.ameinfo.com/ |
