Notable surge seen in number of real estate brokers in 2023
- Date: 16-Jan-2024
- Source: Arab Times
- Sector:Real Estate
- Country:Kuwait
Notable surge seen in number of real estate brokers in 2023
KUWAIT CITY, Jan 15: The number of licensed real estate brokers in Kuwait experienced a notable increase since the beginning of 2023, surging by 13.4 percent to reach approximately 181 brokers. The cumulative total of licensed brokers in Kuwait rose from 1,351 at the end of December 2022 to 1,532 by the end of October …
<p>The post Notable surge seen in number of real estate brokers in 2023 first appeared on ARAB TIMES - KUWAIT NEWS.</p>KUWAIT CITY, Jan 15: The number of licensed real estate brokers in Kuwait experienced a notable increase since the beginning of 2023, surging by 13.4 percent to reach approximately 181 brokers. The cumulative total of licensed brokers in Kuwait rose from 1,351 at the end of December 2022 to 1,532 by the end of October the following year.
Data from the Ministry of Commerce reveals that the cumulative total of licensed brokers saw a 2.7 percent increase, amounting to 41 brokers during October alone, compared to the previous month’s count of 1,491 brokers in September.
The Ministry of Commerce further disclosed that the cumulative total of licensed real estate residents in Kuwait grew from 62 at the end of December 2022 to 151 by the end of
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