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Kuwait's real estate market activity fell 22.8% in January
- Kuwait: Sunday, February 17 - 2013 at 05:02
According to a report by Kuwait's Al-Shall Economic Consultants, the Gulf country's real estate market has seen a drop in liquidity in January, compared with December 2012, Kuna has reported. The total value of contracts and agencies trading reached around KD302.7m, down by 22.8% from December 2012 value of about KD392.2m, the report said, citing government figures. "Contribution value of private housing sale dropped slightly out of total sales and registered KD161.1m (53.2%), compared with KD213.8m (54.5%) in December 2012, achieving a drop by 24.7% and a decline in its contribution to the total," the report noted.
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