On an annualised basis, residential property prices in Dublin have increased by 8.8% in the year to September 2021.

The DNG House Price Gauge recorded a slight moderation in the rate of price growth in the capital’s residential market during Q3, following growth of 3% recorded in Q1 and Q2 this year.

The annual rate of house price inflation fell slightly in the year to September, with prices rising by 8.8% on average, compared to an increase of 9.4% in the year to June.

Prices at the upper end of the market saw the strongest growth during the third quarter with properties valued above €500,000 increasing by 2.2% on average(see table 2 below).