Irish property price growth slows to 6.8% in February

Annual property price growth in Ireland eased to 6.8% in February, down from 7.1% in January, official data shows.

Irish property price growth slows to 6.8% in February

Image: rte.ie

Annual property price growth in Ireland eased to 6.8% in the 12 months to February 2026, according to the latest Residential Property Price Index from the Central Statistics Office (CSO). The increase represents a marginal slowdown from the 7.1% annual growth recorded in the year to January.

The CSO data indicates the median price paid for a dwelling nationally in the 12 months to February was €340,000. In Dublin, the median price was €465,000, while outside Dublin it was €280,000. The overall national index remains 2.5% below its peak level from early 2007.

Month-on-month, property prices rose by 0.5% in February 2026 compared with January. The CSO noted that transaction volumes were lower in February compared to the same month last year, with 3,269 dwelling purchases filed with Revenue, a decrease of 11.5%.

Economists suggest the moderation in annual price growth reflects ongoing affordability constraints and higher interest rates, which continue to temper demand in the housing market despite underlying supply shortages.

❓ Frequently Asked Questions

What was the median property price in Ireland in February 2026?

The median price paid for a dwelling nationally in the 12 months to February 2026 was €340,000, according to the CSO.

How does price growth in Dublin compare to the rest of Ireland?

Prices in Dublin rose by 6.0% annually, while prices outside Dublin rose by 7.4% in the year to February 2026.

Are property prices in Ireland above their previous peak?

No. The CSO states the national residential property price index is still 2.5% below its highest level from April 2007.

📰 Source:
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