Possibly due to an indexing problem within Xcode.  Sometimes Xcode is just
very slow to update.

Failing that I had a similar problem a while back 
http://monotouch.2284126.n4.nabble.com/Monotouch-Xcode-Interface-Builder-problem-tt4393682.html#a4401608
http://monotouch.2284126.n4.nabble.com/Monotouch-Xcode-Interface-Builder-problem-tt4393682.html#a4401608
 
not a great solution having to re-install everything though.

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