House prices increased by 7 per cent last year

Wed, 18 Feb, 2026 - 13:41

House prices rose by 7 per cent last year, according to figures released on Wednesday by the Central Statistics Office (CSO).

The CSO, which collates the residential property index, found that the cost of buying a house as of December 2025 was down slightly from an increase of 8.7 per cent the previous year.

However, the figure remains well ahead of average wage growth, meaning the purchasing power of buyers continues to be squeezed.

Prices in Dublin rose by 5.6 per cent, with the cost of buying a home in Dublin reaching €500,000.

Outside Dublin, prices increased by 8.1 per cent year-on-year when compared with December 2024.

The highest house price growth in Dublin was in Dublin City at 7.0 per cent, while Fingal saw a rise of 3.7 per cent. The average cost of a house in grew by 5.2 per cent, while apartment prices rose by 6.8 per cent.

Outside Dublin, house prices rose by 7.7 per cent and apartment prices were up by 12.5 per cent.

The most expensive Eircode area over the 12 months to December 2025 was A94 (Blackrock, Dublin) with a median price of €830,000, while F45 (Castlerea, Roscommon) had the lowest price of €155,000.