Home-price growth slowest for two years
The annual rate of growth in residential-property prices eased for the second month in a row in March, according to the latest official figures.
The Central Statistics Office (CSO) said that prices across the country rose by 6.5% in the year to March, compared with a revised 6.7% rate in February.
The rate of growth was the weakest since February 2024.
The smaller increase was mainly due to prices outside Dublin, where the annual rate of growth slowed from February’s 7.6% to 7.2%.
Median prices
Price growth in Dublin picked up from 5.6% in February to 5.7%.
The CSO figures show that the median price of a home bought during the year to March was €390,461.
The highest median price for a home in the 12 months to March 2026 was €685,000 in Dún Laoghaire-Rathdown, while the lowest median price was €200,000 in both Donegal and Longford.
Dublin City growth fastest
In Dublin, house prices rose by 5.1% over the year, while apartments saw a 7.8% increase. Dublin City had the strongest growth in house prices at 6%.
Outside Dublin, house prices were up by 6.8% and apartment prices rose by 12% 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 13.4%.
Value of purchases jumps
There were 4,123 home purchases filed with Revenue in March – up 14% compared with the same month last year.
The total value of these transactions was up 19% over the year to €1.8 billion.
Existing dwellings accounted for almost 3,131 (75.9%) of the purchases filed in March – an increase of 9.2% compared with March 2025. The balance of 992 were new dwellings, which was an annual jump of 32.1%.
Revenue data show that there were 1,664 first-time-buyer purchases in March – up almost 25% on the same month last year.