Pace of property price rises eased in July, dropping below 5pc in dearest neighbourhoods

"The latest Central Statistics Office (CSO) data shows the greatest slow down was in Dublin. House prices in the capital were 6pc higher at the end of July than a year earlier. Prices had been up 6.8pc in the 12 months to the end of June. The CSO Residential Property Price Index shows property prices outside Dublin were 8.7pc higher in July 2025 when compared with a year earlier, a slight decrease, from 8.8pc in the year to June 2025."

"In the capital, Dublin City prices were up 7.7pc at the end of July. In Dún Laoghaire-Rathdown, which has some of the highest average prices anywhere, the pace of increase has moderated significantly, with a rise of 4.7pc in 12 months. However, double digit price hikes are still being felt outside Dublin. House prices in the Midlands (Laois, Longford, Offaly, and Westmeath) are up 10.9pc, and the Mid-West (Clare, Limerick, and Tipperary) they rose 10.3pc."

"Households paid an average price of €374,999 for a dwelling on the residential property market in the 12 months to July 2025, they said. The region with the highest median price in the year to July was Dublin, with median prices of €490,000. Within Dublin, the most expensive area was Dún Laoghaire-Rathdown, where the average price was €675,000. The least expensive region within Dublin was Fingal at price of €460,000."

Nationwide residential property prices increased in the 12 months to July 2025. Dublin recorded a slower annual rise of 6 percent, down from 6.8 percent in the year to June. Dublin City prices rose 7.7 percent while Dún Laoghaire-Rathdown increased 4.7 percent and Fingal had the lowest Dublin average at €460,000. Property prices outside Dublin rose 8.7 percent year-on-year. The Midlands and Mid-West experienced double-digit growth of 10.9 percent and 10.3 percent respectively. The South-East and South-West each saw rises of 8.1 percent. The national average dwelling price was €374,999 and Dublin's median was €490,000.

Read at Irish Independent