Dublin leads January rise in home prices
The annual rate of growth in residential-property prices continued to accelerate at the start of this year, according to the latest official figures.
The Central Statistics Office (CSO) said that prices across the country rose by 7% in the year to January, compared with a revised 6.9% rate in December.
The pick-up was mainly due to prices in Dublin, where the annual rate of growth moved up from December’s 5.6% to 6.1%, while price increases outside Dublin eased from 7.9% in December to 7.7%.
The CSO figures show that the median price of a home bought during the year to January was €389,986.
City shows strongest Dublin growth
In Dublin, house prices rose by 5.6% over the year, while apartments saw a 7.8% increase. Dublin City had the strongest growth in house prices at 8%.
Outside Dublin, house prices were up by 7.3% and apartment prices rose by 12.3% over the year.
The region outside of Dublin that saw the largest growth in house prices was the midlands (Laois, Longford, Offaly, and Westmeath) at 15.9%.
There were 3,781 home purchases filed with Revenue in January – down 0.5% compared with the same month last year.
Existing dwellings accounted for 71% of the purchases filed in January – a fall of 4.9% compared with January 2025. The balance of 1,095 were new dwellings, which was an annual increase of just over 12%.