House prices in Kuwait are set to level off and could rise by the end of the year, according to a new report on the country’s real estate market.

The report by Mutakhasis Real Estate Company said that Kuwait’s economy would improve in the last quarter of this year.

'The Kuwaiti economy overall will see better days perhaps in the last quarter of this year, as some vital economic sectors, chiefly the real estate , will seek opportunities to recoup past losses,' Kuna quoted the report as saying.