LOCAL market house prices remained relatively static during the third quarter of 2011 – but are still up on the same time last year.

BRINGING the open market into doubt will have a negative impact on the future of the island’s economy, a Commerce and Employment board member has said.

ATTEMPTS to close a loophole that allows share transfers as a way of selling properties to avoid document duty could be seen as an expensive waste of manpower, according to one estate agent.

THE sale of a seafront property has raised almost £700,000 for the National Trust of Guernsey.

LOCAL market properties have dropped in price, according to figures released by the Policy Council.

OFFICIAL figures that show property prices having fallen by 11% could be misleading, according to some estate agents.

A UNIQUE Guernsey landmark is going under the hammer. Vale Mill is up for auction next month.

A SLOWING housing market may hit States revenue by close to £5m.

THE number of property sales has tumbled by more than a quarter in the first six months of this year.

BELVEDERE House has been sold under the hammer for £5m.