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:
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Figure relates to six pieces of work on a range of issues
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