House price growth slows to 3.4 per cent as supply dwindles

House prices are stabilising not because supply has increased to meet demand, but because demand has fallen to meet it, according to the the latest Daft.ie housing report.

The average listed price of properties on the Daft website in the final quarter of 2023 was 3.4 per cent higher than a year previously, the smallest annual increase since 2019. Prices rose in the second and third quarters of last year but fell by an average ...