Prices outside Dublin grow faster than capital
Residential property prices rose by 6.2% in the 12 months to May 2026, according to the latest Residential Property Price Index (RPPI) figures released by the Central Statistics Office (CSO).
The annual inflation rate remains unchanged from the 6.2% growth pace recorded in the year to April 2026.
Property prices in Dublin increased by 4.7% compared with May 2025.
Residential property prices outside of the capital experienced a more rapid rate of growth, climbing by 7.3% over the same 12-month period.
The median price of a dwelling purchased across the country in the 12 months leading up to May 2026 was €395,000.
Midpoint cost
Regionally, the highest median transaction price was recorded in Dún Laoghaire-Rathdown, where the midpoint cost of a dwelling reached €689,325.
Longford recorded the lowest median price in the country at €198,000.
Households filed a total of 3,861 dwelling purchases with Revenue in May representing a combined financial value of €1.71 billion.
Most purchases involved existing housing stock.
Out of the total transactions filed during the month, 2,781 were existing dwellings, while 1,080 were newly built properties.
According to Revenue data, first-time purchasers accounted for 1,630 of the property acquisitions filed during May.