Kuwaiti property sales fell 37.9% in the year to July, official data showed on Thursday.
Sales in the Gulf Arab state fell to 99.8 million dinars ($348.2m) from 160.7 million dinars in July 2008, the data showed.
Property sales, especially for residential units, have been falling since the state restricted private firms from residential real estate deals last year.
arabianbusiness.com
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