Government figures show flat prices on the Island plummeted last year.
For the first time, the Cabinet Office has published a housing market review, showing how prices and lending have changed.
The data shows over the course of 2016, the average price of a flat fell from around £172,000 to just £139,000.
Over the same period, the government says the average house price rose by around £5,000 to £271,000.
Shops, cafe, clinic and childcare plans for the Nunnery
The Nunnery says it wants to be able house food and drink outlets, shops, clinics and childcare facilities in future.
MHK queries tax allowance changes
How much did the government make last year from lowering personal tax allowances for high earners?
New agreement to simplify NI rules
The government says a new agreement with the UK will simplify National Insurance rules.
Isle of Man first in world to introduce data asset laws
The Isle of Man has become the first place in the world to introduce laws for governed data assets, after new legislation received Royal Assent.
Businesses invited to apply for prestigious King’s Awards
Applications have now opened for the King's Awards for Enterprise 2027.
Chief minister to face questions over Manx Telecom sale
Has the Manx government looked into the sale of one of the Island's biggest telecom companies?
Pub quiz and sauna among Locate Isle of Man events for new arrivals
Locate Isle of Man has launched a series of events to help people settle in after relocating to the Island.
Nominations open for women in business awards
Entries have officially opened for awards celebrating women in business.
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