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Kuwait real estate prices up 15%
- Kuwait: Monday, August 24 - 2009 at 13:31
Real estate prices in Kuwait rose 15% in July, according to a report by Kuwait-based Emaar Company for Real Estate Services. It said Kuwait Finance House and other Islamic financial institutions contributed to the growth. During July, there was a 55% increase in private residence sales, with 307 contracts signed worth of KD55m. Property owners reacted to demand, which was driven by active transactions, the report said.
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StaffMonday, August 24 - 2009 at 13:31 UAE local time (GMT+4)
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