Kuwait-Mubasher: Sales in Kuwait’s real estate sector increased 63% or KWD 126 million in November on a monthly basis, compared to 8% in October which saw KWD 201 million worth of sales, according to a report issued by Kuwait Finance House (KFH).
Sales posted an annual decline of 26% in November as compared to the same months of 2014.
The daily average of real estate sale transactions stood at KWD 15 million in November, compared to KWD 11.1 million in October.
In November 2014, the real estate sale transactions posted a daily average of KWD 21 million.
