Private housing sector in Kuwait saw remarkable decline in prices – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

  • Date: 03-Feb-2023
  • Source: Arab Times Kuwait
  • Sector:Real Estate
  • Country:Kuwait
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Private housing sector in Kuwait saw remarkable decline in prices – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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Total real estate transactions at end of last year fall by 14%

KUWAIT CITY, Feb 2: The private housing sector in different regions of the country witnessed a remarkable decline in prices during the last period, after it reached record levels in previous years, and caused an unprecedented housing crisis, disregarding the financial capacity of a large segment of citizens, reports Al-Qabas daily.