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Homewrecker

Property Inflation Eases With Lowest Rate Of Increase Since 2024

Photo: Pixabay

Property prices rose by 5.6pc, down from a rate of 6.1pc.

The cost of buying a home increased at its lowest rate in over two years, in the year to June.

Property prices rose by 5.6pc, down from a rate of 6.1pc.

Affordability is a key factor in the easing of property price inflation, according to the mortgage expert.

It's the lowest rate of increase since January 2024.

The median price for a home was €396,000, with the highest median recorded in Dun Laoghaire Rathdown at over €682,000, while the lowest was €198,000 in Longford.

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