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.
FSA releases new progress report on financial crime defences
The Isle of Man Financial Services Authority says progress has been made in strengthening the Island's defences against financial crime.
Changes planned for how government-run companies prepare accounts
Government-run companies could prepare their accounts for calendar years rather than financial years in future.
New business guide deals with stopping WMD financing
There's new guidance for Island companies to help them spot customers trying to finance weapons of mass destruction.
Office space up for rent at Ronaldsway Airport
Could your company take off at Ronaldsway Airport?
Have your say on the future of the Island's economy
The Isle of Man chamber of Commerce has launched an online survey about the future of the Island's economy.
Port St Mary hosts first business support drop-in session today
A series of business drop-in sessions will get underway in the south of the Island today.
Government releases guidance for businesses ahead of vape tax
The government's launched a new webpage with guidance for businesses as it introduces a new tax on vape products from October.
Survey shows low approval rating for Island clothing shops
Island women rate the offering from local clothing shops at just 3.5 out of 10, according to a new survey.
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