Kuwait – Mubasher: The real estate sector in Kuwait slowed down in October, after sales shrank by 26% year-on-year to reach KWD 1.84 billion, according to a recent report issued by the National Bank of Kuwait (NBK).
The prices of the real estate market in Kuwait started to witness stability in different subsectors, except for the residential property, the statement added.
The residential segment regained its strength in October after transactions increased by 9% on an annual level to reach 254.