In the first month of 2025, Ireland's residential property market has shown a slight decline in the rate of growth, marking a year-over-year growth of 8.10%, according to the latest data updated on March 19, 2025. This compares to a higher growth rate of 8.80% recorded in the previous month of December 2024.
The slowdown in growth reflects a changing dynamic in Ireland's real estate sector. Although still showing significant year-on-year growth, the 0.7 percentage point decrease in January compared to December indicates a tempering momentum as compared to the robust pace observed previously.
This development may signal an evolving environment for house hunters and investors who have been actively contributing to the demand in Ireland's real estate market. Whether this trend will continue or shift gears towards stabilization or further decline is yet to be seen. Market participants will closely watch subsequent reports for additional insights into future price movements.
