The rate of residential property price increases has eased to 3.6% in the year to the end of April, according to the latest national price index from the Central Statistics Office (CSO).
This is down from a 3.9% increase in the year to March and the high value of 15.1% in the 12 months to February and March 2022.
The latest report found that prices in Dublin rose by 1% in the year to April, with prices outside Dublin up by 5.6%.
In Dublin, house prices increased by 1.1% and apartment prices were up by 0.9%. The highest house price growth in Dublin was in South Dublin at 5.1%, while Dublin City saw a decline of 2.5%.
Outside Dublin, house prices were up by 5.9% and apartment prices rose by 1.8%.
The region outside of Dublin that saw the largest rise in house prices was the Midland (Laois, Longford, Offaly, Westmeath) at 6.6%, while at the other end of the scale, the Border region (Cavan, Donegal, Leitrim, Monaghan, Sligo) saw a 4.7% rise.
In April 2023, 3,262 dwelling purchases by households at market prices were filed with the Revenue Commissioners, a decrease of 5.3% compared with the 3,446 purchases in April 2022.
Households paid a median or mid-point price of €313,000 for a residential property in the 12 months to April 2023. The lowest median price paid for a dwelling was €160,000 in Longford, while the highest was €634,998 in Dún Laoghaire-Rathdown.
The most expensive Eircode area over the 12 months to April 2023 was A94 'Blackrock' with a median price of €748,000, while F35 'Ballyhaunis' had the least expensive price of €127,500."
