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Property development key to Island market.

From: Isle of Man Newspapers (Douglas, England)  |  Date: 1/9/2008

RESIDENTIAL property continues to prosper, with the Island market registering its largest annual percentage growth in four years as housing market foundations remain rock-solid and healthy growth continues across all sectors.

The buyers' market of 2005 turned to equilibrium in 2006, but a scarcity of instructions and high demand turned the pendulum back toward the seller in 2007. Locals, newcomers and investors have been keen purchasers at all levels, buoyed by historical ...

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