Kuwaiti property market continues to prosper

Published November 23rd, 2006 - 05:27 GMT
Al Bawaba
Al Bawaba

A Kuwaiti real estate company published Wednesday a report showing that the local real estate sector had continued to prosper. The report, issued by the Al-Mutakhassis Real Estate company, noted that property markets both in Kuwait and outside it have continued to make headway for the third week in a row.

 

As a result of this trend, property prices rose. Adittionally, the market transactions involving property sales or purchases also went up by 13 percent.