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.
Regulator wants views on fit and proper guidance
The Gambling Supervision Commission says it's looking for feedback on new rules about who is fit and proper to run companies.
Hygiene events for the hospitality industry
The Department of Environment, Food and Agriculture has announced a series of hygiene training events for the hospitality industry.
Business support session in Douglas today
The Department for Enterprise is holding a drop-in session about business support today.
Book your place for graduate career fair
The countdown is on to the Island's largest graduate career fair next month!
Bank deposits rising, says regulator
The amount of money deposited in Island banks has risen by nearly two billion over the past two years, according to data from the Island's financial regulator.
Island maintains 'medium high' risk level for money laundering
The government's released a new national money laundering risk assessment for the Island.
Bank lending rises on Island
Total lending by Island banks reached nearly 11 billion by the end of last year.
New motorsports bar advertises for staff in countdown to TT
A new motorsports bar in Douglas has begun advertising for staff.
