Kuwait's real estate sector saw up-and-down in 2004 mainly because traders compared activities between both halfs of the year, a recent report has indicated. The report, released by the Real Estate Bank of Kuwait, said real estate deals in the second half went down 37.1 percent compared to the first six months of 2004.
Residential real estate deal dclined 32 percent, while investment sector fell by 43 percent and the commercial by 53 percent.