In June, the total value of transactions in real estate in the country declined by 30% relative to the previous month. The number sold in June housing units decreased by 19% relative to May. The number of investment transactions has decreased by 9%. Activity in the commercial segment of the Kuwaiti real estate market was negligible, according to Arabian Business, citing data from the National Bank of Kuwait. The number of deals by 16% higher than the average for a pre-crisis 2005-2008. The volume of mortgage loans decreased significantly compared with the period before the global economic recession.
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