1. The price of a home increased by 7% year on year in December.
Did you know….
Prices are now 25% higher than the 2007 peak.
The rise is higher outside of Dublin than in Dublin with prices in Dublin rising by 5.6% last year and outside of Dublin by 8.1%.
2. Prices will continue to rise but not at the same pace - property price inflation is expected to be 4% in 2026.
Why is property price inflation expected to be lower this year than last?
Stretched affordability, and that the process of rising leverage amongst first time-buyers has played out, have contributed to signs of softer price gains, closer to the current pace of pay growth.
Affordability is becoming more stretched. The average residential property sold in 2025 had a price of €426,000, eight times the average earnings of €53,000.
3. Homes are selling for just under 7% more than their asking price.
MyHome data shows that, despite the tight market, the median gap between asking prices and selling prices has fallen to under 7%, from a peak of closer to 10% (Dublin) and 8.5% (National) last summer.
4. The average time to sale agreed is just 3 months.
Properties sell quick, have your mortgage approval in place and be ready to go! Low levels of property for sale selling very quickly with average time to sale agreed just 3 months.
5. 2026 saw the most homes being completed since 2009, however it’s still not enough…
There were 36,284 new dwelling completions in 2025, up 20.4% on the most since 2009.
There was 11,994 completions in Q4, up 38.5% year-on-year. This was better than expected and driven by a 60.7% rise in apartments.
Understanding the mortgage and property market is something we can help with at doddl. Contact our team for expert mortgage advice and support from enquiry to keys -> Start Here!
Source: Myhome, BPFI, CSO, BOI
