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:
RPU will be 'out in force' to stop drink and drug drivers
Ramsey Commissioners to spend more than £8k on deckchairs and storage unit
How to spot the signs of domestic and elder abuse this Christmas
Police appeal to parents after party of up to 50 young people 'becomes an issue'
