The lowest inflation nationally for house prices is in Dublin, where prices are up 4.5 per cent since last year

CSO figures show property prices rose by 8 per cent in the 12 months to February

The median price of a dwelling purchased in the 12 months to January this year was €359,999, figures showed.

New research carried out by Davy said they expect a moderate slowdown in monthly property price increases compared to 2024, in light of the gradually increasing supply available for purchase.

That is down slightly from October 2024 when prices increased by 9.7 per cent.

Test your knowledge on these statistics covering all aspects of life in Ireland

Prices in Dublin decreased by 0.6 per cent, while prices outside the capital were up 4.5 per cent