The average house price on the Isle of Man increased by more than 7% in a single year.
That's according to a new government report- the 2020 housing market review.
The publication shows the average house price in December 2020 to have been £313,036- compared with £291,597 in December 2019.
Average flat prices also increased by 0.7%.
More than half of all properties sold in 2019 and 2020 cost between £250,000 and £500,000, with house prices for those aged 25 and under, costing nearly 10 times the median salary.
You can read the full report here.
MHK questions public sector worker overpayments
Your chance to become weather forecaster!
Company sets up TT hub
Are gas supplies being cut off illegally?
TT footbridge construction to close road
Police name biker who died in Ballamodha crash
Peel cars return home
Benefits claimant abused staff
