Kuwait's real estate and investment sectors booming to record levels | Al Bawaba:
"The real estate sales in Kuwait registered a solid 72 per cent year-on-year (y/y) growth in July to hit a six-year high of KD426 million ($1.48 billion), said a report.
The sales in the residential sector for the month soared to KD191 million, up 35 per cent y/y, according to the data compiled by the National Bank of Kuwait.
Continuing its trend from previous months, the increase came on the back of a jump in the average transaction size, which went up 36 per cent y/y, while the number of transactions was almost flat on the year, said the country's top lender in its report."
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