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.
Government consulting over corporate law updates
The government's launched a public consultation on plans to update corporate laws.
Deadline for businesses to register for STEMFest is tomorrow
This week's the deadline for businesses to get involved in a youth science and technology festival next year.
Sunset Lakes announces plan to fully re-open
A fishing and events venue in the West of the Island has announced it'll be fully re-opening next year.
Sponsorship applications open for 2026 MGP
Would your business like to be a sponsor for the Manx Grand Prix?
Researchers ask what you think of your phone company
What do you think of your phone company?
Bank could get facelift
A bank in Ramsey could be getting a facelift, if planners approve new proposals.
Island keeps its AA3 Moody's credit rating
The Island has kept its AA3 credit rating, after the latest update by Moody's.
More companies giving employees input in risk assessments
The Island's financial regulator says more companies are giving all employees a say in their business risk assessments.
