NBK reports surge in Kuwait’s Q2 2017 real estate sales
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Kuwait's real estate market picked up momentum in Q2 2017 with May sales alone surging to their highest level in 18 months hitting $951m (KD289m), up 37% compared to the previous year, according to a report by the National Bank of Kuwait (NBK).
The residential and investment sectors provided significant support to Kuwait's real estate market, with sales increasing by 23% and 38% year-on-year (yoy), respectively in this period, stated the report.
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Source : NBK reports surge in Kuwait’s Q2 2017 real estate sales