The property market in Guernsey has suffered its slowest month in more than eight years. Island estate agents blame a lack of new properties coming onto the market in what has always been a traditionally quiet time.
According to the latest Greffe statistics, just 59 properties changed hands in February.
That is almost a third less than the monthly average of the past seven years.
The figures have been consistently low over the last six months and it is thought some island estate agencies have had to make staff redundant to see them through this difficult time.
But other agents claim a sluggish market is expected at the start of the year and hope figures will pick up throughout March and then into the summer.
One-Minute World News 
News services
E-mail this to a friend 
Printable version 
