A property website says sellers on the Island have been forced to slash the prices of homes.
Property portal Zoopla released its figures covering the past 12 months for the UK and Isle of Man.
Its data shows asking prices for homes here were slashed by an average of more than £41,000 last year.
The website says the Manx discounts were the largest anywhere in Britain.
Businesses invited to Southern Agricultural Show
Would your business like to be part of one of the Island's biggest annual events?
New gym being launched in historic church
A new gym has offered a sneak peek inside the church where it's setting up shop.
Construction careers fair next month
An event in Braddan next month will showcase opportunities in the Island's construction sector.
Regulator asks businesses for info to fight financial crime
The Gambling Supervision Commission's calling on businesses to give information which helps fight money laundering and terrorist financing.
Chamber of Commerce wants members for election task force
The Island's chamber of Commerce is asking its members to sign up for an election task force to shape government policy.
Bank deposits rose over past year
The amount of money deposited in Island banks has risen over the past year, according to the Financial Service Authority's latest statistics.
Innovation and Investment forum expands to Island
A new innovation and investment network is being launched in the Island.
Conister Bank boosts local charity with record donation
Conister Bank has surprised The Children's Centre by donating a new minivan.
