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The real estate market in Kuwait is experiencing a decline in land prices, reaching their lowest levels since 2006, with a 30% decrease since the beginning of 2023. This downward trend is expected to continue until 2026. The market is facing turbulence due to weak demand, a slowdown in investment projects, and changing government policies, with the decline lasting up to three years. The government is pursuing new policies to support and revive the market, with indications of a potential recovery in 2026.
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