Kuwait-Mubasher: The National Bank of Kuwait (NBK) said that most indices of the real estate sector Kuwait reported a noticeable decline during January, on a monthly basis.
The overall sales of Kuwait’s real estate sector dropped 26% on a monthly basis to stand at KWD 223 million ($743.08 million), Kuwait News Agency cited NBK’s report.
Meanwhile, real estate transactions reported 400 in January, with an average deal value falling 6% on a monthly basis and 13% on an annual basis to KWD 557,000.
