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:
SPC says project to replace Manannan ongoing despite claims from minister it's 'on pause'
Trial Deemster would likely have been replaced
Replica Christopher Columbus ship extends stay in capital
Local golf club celebrating 30 years of ladies section