Irish house prices rise at slowest rate in over two years
Annual Irish home price inflation remained static between April and May at 6.2%, marking the slowest rate since February 2024, indicating a tentative cooling in some market segments. However, prices outside Dublin continue to accelerate due to an ongoing shortage of second-hand properties, creating a 'two-speed' housing market. Dublin saw a slower annual increase of 4.7%, while rural areas rose by 7.3%.
Annual Irish home price inflation was static between April and May, the Central Statistics Office (CSO) said on Wednesday, as prices continued to rise at their slowest pace since February 2024, adding to evidence of a tentative cooling off in some parts of the market.
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