But shortage of available properties should prevent sharp adjustment
The Manx property market is unlikely to crash but may cool over the coming months.
That's the view of a local estate agent which claims it’s a good thing.
Manxmove says a shortage of available properties should prevent a sharp adjustment in prices.
But director Graham Wilson concedes the current economic conditions represent a fundamental change that will slow down the market:
Peel Town Commissioners stands by claim that no vote took place over beach stage
Board issues further statement amid ongoing row at local authority
New sanctions hoped to help disrupt major global criminal network
Government taking action as part of a major international law enforcement operation
Western Civic Amenity Site to keep address checks in place after NCAS closure
It says entry will be refused to people who don't live in the west
Emergency daytime road closure in Laxey
Minorca Hill to be closed between 9.30am-3pm
Local charity receives visually impaired kitchen equipment
Talking microwaves amongst items donated