Recent data shows a decline in residential property prices in Ireland in January 2024. According to the latest figures, there was a decrease of 0.6% compared to the previous month. In January 2024, the property prices had reached a growth rate of 1.3%, which has now decreased to 0.7%.
This month-over-month comparison indicates a cooling off in the Irish property market, reflecting a slight slowdown in the sector. The updated data was released on 20th March 2024, providing insights into the shifting trends in the real estate market in Ireland. As buyers and sellers navigate these changes, staying informed about the evolving property prices is crucial in making well-informed decisions in the real estate market.