Sales in Kuwait’s residential sector totalled KD98 million ($324 million) during July falling below the KD100 million mark for the first time in almost three years, reflecting a decrease of 28 per cent year-on-year (y/y), a report said.
Real estate sales in Kuwait declined for the second month in a row to KD250 million ($862.5 million) in August, a drop of 6.7 per cent month-on-month, a report said.
Real estate activity is traditionally muted in August when much
Real estate sales in the month of June in Kuwait increased by 27 per cent year-on-year, to reach KD339 million ($1.18 billion), a report said.
The solid growth in sales was across the three major segments of the market, added the
Dubai-based Emaar Properties has posted a net profit of Dh675 million ($184 million) for the second quarter of 2013 as against Dh614 million net profit for the corresponding period of 2012, marking an increase of 10 per cent.
Real estate sales in Kuwait during January totaled KD254 million ($893 million), down 20 per cent year-on-year, a report said.
Both the residential and investment segments saw activity slow year-on-year (y/y), while sales in the c
The total value of property deals in Jordan rose 18 per cent in the first six months of the year compared to the same period last year as lower prices pushed up demand and oversupply eased, according to official data.
Department of Land an