On Air 80s MixTape Ruth Shimmin | 10:00am - Noon

Property sales increasing

'Inflated' price levels coming down

There's been a noticeable improvement in sales in the Island's housing market.

The view of Tim Groves, director at Black Grace Cowley.

He says it down, in part, to prices coming down from what he describes as inflated levels.

Black Grace Cowley has negotiated more property sales under £250,000 than ever before, with March of this year being the estate agent's best ever month for residential sales.

Mr Groves spoke to Tanya Humbles about the current state of the market:

More from Isle of Man Business