The Irish property market continues to show resilience in early 2026, with steady price growth and ongoing supply challenges.
Prices still rising but at a slower pace
Property prices are up 7% year-on-year and now sit 25% above their 2007 peak.
Growth is slightly stronger outside Dublin (+7.7%) compared to Dublin (+6.1%).
In 2024 Property Prices increased roughly by 8-10%
Asking price and actual sales prices are more aligned
The gap between asking prices and final sale prices has narrowed to 6.5%, down from 8.5% last summer.
This suggests slightly less aggressive bidding, although competition remains strong.
Supply is improving but not close to meeting demand
There are signs of improvement, with more homes coming to market (+7% year-on-year).
However, supply is still limited, and homes are typically going sale agreed within 3 months.
Mortgage trends right now…
Mortgage lending remains strong, with total lending up 15% in 2025.
However, approvals for those trading up or moving home are still low.
Affordability challenges -
The average home price is now around €426,000, roughly 8 times average earnings, highlighting ongoing affordability challenges—especially for first-time buyers.
What this means for you?
Competition remains, but conditions are slightly less intense than last year.
- First-time buyers: Planning and mortgage readiness are more important than ever.
- Movers: Limited supply continues to make trading up more challenging.
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