Irish house prices rose 5.6% year-on-year in June, the slowest annual growth rate in nearly two and a half years, according to data from the Central Statistics Office.
Monthly residential property prices increased 0.5% in June, a slight deceleration from the 0.4% gain recorded in May. The Central Statistics Office also revised May’s monthly increase down from an initial estimate of 0.5%, while the annual growth rate for May was adjusted to 6.1% from 6.2%.
The June annual growth figure marks a continued decline from the recent peak of 10.1% observed in August 2024, reflecting a steady moderation in Ireland’s housing market. The latest data suggests a cooling trend in price inflation, following a prolonged period of rapid appreciation.
