Mohan Sinha
16 Apr 2026, 00:22 GMT+10
DUBLIN, Ireland: The Central Statistics Office (CSO) has revealed that property prices have risen 6.8 percent in the 12 months to February 2026.
This is down from the 7.1 percent recorded in the year to January.
Property prices in Dublin increased by 5.6 percent, while prices outside Dublin rose by 7.8 percent compared to February 2025.
The average (median) price of a home bought in the year up to February 2026 was 390,000 euros.
In February 2026, the highest average house price was 681,500 euros in DĂșn Laoghaire-Rathdown, and the lowest was 198,000 euros in Donegal.
Looking at Eircode areas, A94 (Blackrock, Dublin) had the highest median price at 841,250 euros, while F45 (Castlerea, Roscommon) had the lowest at 153,000 euros.
Outside Dublin, house prices rose by 7.4 percent and apartment prices increased by 13.2 percent.
The Midlands region (Laois, Longford, Offaly, and Westmeath) saw the biggest rise in house prices at 15.3 percent, while the South-West (Cork and Kerry) had the smallest increase at 4.2 percent.
In February 2026, households reported 3,370 home purchases to the Revenue Commissioners, with a total value of 1.47 billion euros.
Trevor Grant, chairperson of Irish Mortgage Advisors, said that although house price growth has slowed, this may not last if the Middle East conflict continues. He explained that building costs were already rising due to expensive materials and higher oil prices, which could worsen the situation.
This could increase construction costs and, in turn, push house prices higher. He added that buyers should be aware that the ongoing crisis may drive up home prices.
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