House prices fell in last quarter of 2022 for first time since start of pandemic, report shows

Daft.ie report shows overall price increase of 6.1% over the full year but suggests demand may be ‘cooling’

The price of a house rose last year, but at a slower rate than in 2021 or 2020. Picture: Rollingnews.ie

The price of a house in Ireland rose at its slowest rate since before the pandemic last year, with evidence that demand is finally cooling after two years of rising inflation, according to a new report by Daft.ie.

The average listed price of a house increased by 6.1 per cent last year – still significantly higher than the 1.2 per cent drop reported in 2019, but lower than the 8.1 per cent price jump in ...