Property prices are continuing to rise. Photo: Getty
New data from the Central Statistics Office (CSO) has confirmed further evidence of a slow down in the housing market.
The national Residential Property Price Index (RPPI) increased by 6.6pc in the 12 months to November 2025. That was down from the 7.2pc recorded in the year to October 2025.
Property prices in Dublin rose by 5pc and prices outside Dublin were up by 7.9pc compared with November 2024.
The data shows prices still rising but the double digit increases of 2024 are over, at least for now.
The median price of a dwelling purchased in the 12 months to November 2025 was €384,000.
The dearest average was was €677,000 in Dún Laoghaire-Rathdown, while the lowest median price was €190,000 in Donegal.
Revenue data shows there were 1,589 first-time buyer purchases in November 2025. The total of more than 4,000 homes bought in the month was made up of 3,166 second hand homes and 908 new builds.
The latest moves mean house prices nationally are almost a quarter (23.9pc) higher again that at the peak of the property boom in April 2007.
That trend is mostly seen outside the capital, however. Dublin residential property prices are 9.3pc higher than their Celtic Tiger peak, while residential property prices in the Rest of Ireland are 26.2pc higher than their pre-bust peak.
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