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Asking-Price Inflation in Ireland Falls to 4.7%, a Two-Year Low

Bank of Ireland now expects sale prices to rise about 4% by year end.

Overview

  • The MyHome.ie report, released Thursday, put annual asking-price inflation at 4.7% nationwide, confirming a clear cooling in the market.
  • Prices rose 2.9% in Dublin and 6.1% outside the capital, with median asking prices at €385,000 nationally, €450,000 in Dublin, and €330,000 elsewhere.
  • This is the fifth straight quarter of slower growth, with the typical sale closing about 7% above the asking price and most homes going sale agreed in roughly a month.
  • Bank of Ireland flagged more small landlords exiting, noting a 40% rise in termination notices late last year and 60% of those landlords planning to sell, with added stock set to combine with 37,000–38,000 expected home completions in 2026.
  • New mortgage rates averaged 3.51% in February, and the Central Bank lifted income-based caps for short-term downsizer bridging loans of up to 18 months with no capital repayments, a change that could help free larger family homes.