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Hope for housing market in 2014

2013 saw another challenging year for the housing market on the Isle of Man.

It was hoped the year would bring some upturn in the market which has been one of the biggest victims of the economic downturn of the last five years.

There are hopes it could be more positive this year however as the UK records positive inflation figures.

Residential director at Black Grace Cowley, Nick Cooper, says there is a tendency for the Island to mimic the activity in the rest of the UK:

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