Irish house prices rising at lowest rate since 2023

Annual house asking­-price inflation has slowed

A new report from property sales website MyHome.ie states that annual house price inflation has slowed to 4.7% nationwide. This is the lowest it has been since the end of 2023, when house price asking inflation was at 4.1%.

In Dublin, asking price inflation is even lower, and is now at 2.9%, compared to 0.6% in 2023.

It is the fifth consecutive time asking price inflation has slowed, meaning experts have confidence that Irish house price inflation will slow to a forecasted 4% overall rise this year.

Bank of Ireland chief economist ­Conall Mac Coille, who authored the report, said: "This quarter’s MyHome report shows that asking prices rose by 1% in Q1 2026, a relatively sedate rise ahead of the ­summer trading season.

"Hence, the annual rate of inflation slowed again, to 4.7% in Q1 2026, down for a fifth consecutive quarter from the 8.4% peak at end-2024."

Competition among buyers is still competitive, however, with houses going for an average of 7% over asking price.