So far Jersey has weathered the storm of plummeting house prices worldwide.

Figures recently released show that house prices, on average, in fact have gone up by two per cent in the last 12 months.

But it was the smallest increase for four years, and the news for the first half of this year is not promising for homeowners. The number of houses changing hands is a long way down on the long-term average. And the average price of a house fell by