153
Kuwait’s real estate sales for the first six months fell to KD1.5 billion ($5.1 billion), compared to last year’s figures of KD1.9 billion ($6.5 billion) primarily due to reduced demand caused by high property prices in the residential sector and high interest rates acting as a deterrent to lending, according to Kuwait Financial Centre (Markaz).
The residential sales in H1 dropped to KD736 million ($2.4 billion), compared to KD1.013 billion…