Property price increases slow to 5% in February – CSO

April 15, 2023

The annual rate of residential property price increases slowed
nationally to 5% in February, compared to 6.1% in January, new figures
from the Central Statistics Office show.

This marked a 22 month low and is one-third of the 15% growth rate seen in February last year.

On a monthly basis, prices fell 0.4% in February, the second decrease since May 2020.

According to the Residential Property Price Index, prices in Dublin slowed to an annual rate of 3.2% while the rate for properties outside Dublin was 6.4%.

Article Source: Property price increases slow to 5% in February – CSO

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