Irish house prices rose by an average of 9% in 2024, according to figures just published by daft.ie
In Donegal, prices in the final three months of 2024 were 5% higher than a year previously, compared to a rise of 7% seen during 2023.
The average price of a home is now €217,000, 45% above the level seen at the start of the Covid 19 pandemic.
HOUSING PRICES UP 9% AS 2024 SEES HIGHEST INFLATION IN SEVEN YEARS
- Housing prices nationally rose by an average of 9% during 2024, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie.
- The typical listed price nationwide in the final quarter of 2024 was €332,109, 1.4% higher than in the third quarter of the year and 30% higher than at the onset of the covid19 pandemic.
- Prices rose for the fourth consecutive quarter in Dublin, where the increase of 9% during 2024 matched the national average and marked the highest rate of inflation seen in the city since late 2017.
- Galway city saw a similar increase during the year, while in Limerick city, prices rose by 8.2%.
- In Cork and Waterford cities, average prices rose by 6.3% during 2024.
- Outside the five main cities, inflation ranged from 11.1% in Leinster to 5.3% in Connacht-Ulster.
- The number of second-hand homes available to buy nationwide on December 1st stood at less than 10,500, down 15% year-on-year and the lowest total ever recorded in a series extending back to January 2007.
In Donegal, prices in the final three months of 2024 were 5% higher than a year previously, compared to a rise of 7% seen during 2023. The average price of a home is now €217,000, 45% above the level seen at the start of the covid19 pandemic.
Housing prices nationally rose by an average of 9% during 2024, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie. The typical listed price nationwide in the final quarter of 2024 was €332,109, 1.4% higher than in the third quarter of the year and 30% higher than at the onset of the covid19 pandemic.
Prices rose for the fourth consecutive quarter in Dublin, where the increase of 9% during 2024 matched the national average and marked the highest rate of inflation seen in the city since late 2017. Galway city saw a similar increase during the year, while in Limerick city, prices rose by 8.2%. In Cork and Waterford cities, average prices rose by 6.3% during 2024. Outside the five main cities, inflation ranged from 11.1% in Leinster to 5.3% in Connacht-Ulster.
The number of second-hand homes available to buy nationwide on December 1st stood at less than 10,500, down 15% year-on-year and the lowest total ever recorded in a series extending back to January 2007.
