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Kuwait property sales slump
- Kuwait: Thursday, October 05 - 2006 at 07:39
Real estate sales dropped sharply in Kuwait during August to their second lowest level in 2006, according to a report by the National Bank of Kuwait cited by TradeArabia. The value of commercial property sales was down 70% compared to July, with residential sale values down 46%. The first eight months of 2006 saw average real estate sales increase by 6.3% in value compared to same period in 2005.
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James McInerney, News EditorThursday, October 05 - 2006 at 07:39 UAE local time (GMT+4)
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This article was updated on Sat May 19 2007.
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