The annual rate of price increase in the Dublin residential property market has moderated for a third quarter in a row, according to new research.
The latest results of the DNG House Price Gauge (HPG) show that in the three months to September, the average price of a resale home in the capital increased by 0.9%, in contrast to the same period last year when prices rose by 2.5%.
The annualised rate of Dublin house price inflation moderated to 6.2% for the year to September 2025, lower than the rate of 8% recorded in the year to June 2025, and below the rate of 9.6% recorded in the year to March 2025.
According to the DNG HPG, the average price of a Dublin home has increased by 150% since the last market low point in 2012, however, prices still remain below the previous historical peak seen in 2006.
Prices at the upper end of the market are 24.5% below their previous peak, while prices at the entry and mid-market levels are less than 5% lower than the previous peak.
The average price of a resale property in the capital now stands at €605,612.
The DNG Apartment Price Gauge (APG) recorded an increase in apartment values in the third quarter of the year of 1%, this compares to a 1.1% increase in the second quarter and 1.9% in the first three months of the year.
The research shows that the percentage of DNG sales by investors offloading rental properties increased to 27% of sales in the third quarter of the year, up from 20% of sales in second quarter.
An analysis of DNG purchasers during the third quarter shows that first time buyers accounted for just over half of purchases of resale properties in the capital.
“The latest results of the DNG House Price Gauge paint a picture of stability in the Dublin residential market at the present time, with price inflation moderating as this year has progressed,” said DNG’s Director of Research Paul Murgatroyd.
“House price inflation in the capital was running at close to 10% per annum at the end of last year but since then the rate of increase has gradually eased back to a more sustainable level,” Mr Murgatroyd.
