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Al Bawaba
March 2nd, 2010 - 03:32 GMT

January real estate activity eases after year-end strength

In its latest economic brief on the monthly statistics of registered real estate contracts issued by the Ministry of Justice (MoJ), excluding sales conducted through agents, National Bank of Kuwait reports that, after accelerating at the end of 2009, real estate activity fell back somewhat in January 2010, its first monthly decline since September. The total number of sales transactions (residential, commercial and retail) stood at 387, down 34% from ...
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