Residential property prices increased by 6.6% in the 12 months to November, easing from 7.2% in October, new figures from the Central Statistics Office show today.
The CSO said that monthly house price growth for November was 0.3%. The October growth rate was revised to 7.2% from 7.3%, it added.
Today’s CSO figures show that property prices outside of Dublin continued to see bigger price increases than recorded in the capital, with a rise of 7.9% compared to an increase of 5% in Dublin.
The CSO said that house prices in Dublin rose by 4.8% while apartment prices increased by 5.6%. The highest house price growth in Dublin was in Dublin City at 5.7% while Fingal saw a rise of 3.7%.
Outside of Dublin, house prices were up by 7.7% and apartment prices rose by 10.5%.
The region outside of Dublin that saw the largest growth in house prices was the Midlands (Laois, Longford, Offaly, and Westmeath) at 13.8%, while at the other end of the scale, the Mid-West (Clare, Limerick, and Tipperary) and the South-East (Carlow, Kilkenny, Waterford and Wexford) both saw a rise of 6%.
The median price of a home bought in the 12 months to November 2025 was €384,000.
The CSO said the highest median price for a home was €677,000 in Dún Laoghaire-Rathdown, while the lowest median price was €190,000 in Donegal.
The most expensive Eircode area was A94 (Blackrock, Dublin) with a median price of €830,000, while F45 (Castlerea, Roscommon) had the cheapest price of €150,000.
Today’s figures also show that 4,074 home purchases were filed in November with Revenue Commissioners at a total value of €1.8 billion. These purchases were made up of 3,166 existing homes and 908 new homes.
Revenue data shows there were 1,589 first-time buyer purchases in November, the CSO added.
The CSO said that property prices nationally have increased by 176.2% from their trough in early 2013.
Dublin residential property prices have risen by 170.7% from their February 2012 low, while residential property prices in the rest of Ireland are 190.5% higher than at their trough in May 2013.
Trevor Grant, chairperson of Irish Mortgage Advisors, said the biggest driver of house price inflation is the shortage of homes coupled with the pent-up demand for housing and an expanding population.
Mr Grant said that while the Government has consistently failed to meet its housing targets, figures released by the Department of Housing last week show that there were twice as much housing starts in December compared to November.
“The sharp increase in housing starts last month could be a sign that the country is finally turning a corner on the housing crisis – though it’s important that the Government builds on this momentum, particularly given that the 16,412 housing starts recorded for last year is the lowest number since 2016,” he said.
He also said that today’s figures show that house price inflation continues to rise steeply in many rural areas – often surpassing that of Dublin.
“The extent of house price inflation in many rural areas has led to frustration and despair for many locals as they are being increasingly priced out of their home towns and villages. Steep house price inflation in commuter counties such as Wicklow, Westmeath and Carlow has forced those seeking to buy in the commuter belt further afield,” he stated.