Monday December 9, 2019

House price inflation cools as supply picks up

A report from Daft.ie shows that more properties, 8,200, were put up for sale in May than in any single month since early 2008

26th June, 2019
Supply 'much improved', says Daft.ie report. Pic: RollingNews.ie

The average price across the country was €263,000, up 0.9 per cent from on the first three months of the year. Daft.ie says that despite the slowdown in inflation, the average price nationwide is now 60 per cent higher than its lowest point in 2013.

The report shows that prices in Dublin fell by 0.8 per cent during the second quarter of 2019, bringing the annual rate of growth down to just 1.2 per cent, its lowest level since early 2016.

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