Ireland's residential property market faced stagnation at the start of 2025, as new data reveals no growth in property prices for January. The latest figures, updated on March 19, 2025, indicate that the residential property price index halted completely at 0.00% month-over-month.
This marks a notable change from December 2024, when the index recorded a modest growth of 0.60% as compared to November. The month-over-month analysis for January 2025 shows no movement, contrasting the gradual increase witnessed in the last month of the previous year.
Economists and market analysts are keeping a close watch on several factors that may have contributed to this standstill, including economic conditions, consumer sentiment, and potential governmental policy shifts in Ireland's housing market. The real estate industry's eyes are set on forthcoming months to see if this stagnation is a temporary pause or the harbinger of a longer trend in the Irish property's price trajectory.
