Kuwait city: Kuwait Finance House (KFH) has announced that real estate transactions in the local market during the third quarter of the current year approached KD 1.3 billion, equivalent to approximately USD 4.2 billion. This marks a 19.4 percent increase compared to the transaction values in the second quarter of the same year.
According to Kuwait News Agency, the KFH real estate report highlighted a decline in transaction values across other real estate categories compared to the second quarter. However, the number of deals in the third quarter increased to 1,564, which is a rise of 6.9 percent.
The report revealed a significant jump in the value of transactions within the commercial real estate category, reaching KD 440.6 million, or approximately USD 1.5 billion. This is nearly four times the level recorded in the second quarter of 2025, driven by increased demand that saw 75 transactions, a threefold increase from the previous quarter.
KFH's report also noted that the average real estate transaction value index rose to KD 815,000, or roughly USD 2.6 million, in the third quarter. This represents an increase of 11.7 percent compared to the previous quarter and a 9.8 percent rise on an annual basis.