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FINANCIAL NEWS
Kuwait’s real estate sales down 23 percent in 8M
12 Oct 2015
(MENAFN) Data showed that Kuwait’s real estate sector sales have dropped, while prices holding their own total residential sales reached USD3.24 billion during the current year.
For the first eight months of this year, total real estate sales reached USD6.94 billion, marking a decrease of 23 percent compared to the same period of last year.
For the month of August alone, activity slowed across the residential and investment sector year-on-year but was relatively stronger in the commercial sector.
To date, total residential sales in 2015 reached USD3.24 billion, and were USD267.72 million in August. KD volumes and number of units sold year-to-date were both down 22 percent.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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