The latest quarterly results of the DNG House Price Gauge (HPG) show that second hand property in the capital increased by 4.3% on average, in the year to March 2024. The pace of inflation picked up compared to the year to December 2023 when prices rose by 3.3% on average. The latest results are in contrast to the annual rate of inflation in the market in the year to March 2023, when the DNG HPG recorded price growth of 2.0%.

Price growth was recorded by the HPG at all price points and across all locations of the city during the first three months of the year as shown in tables 2 and 3. Prices in the mid market range of €351,000 - €600,000 saw above average rates of growth both in Q1 2024 (2.5%) and in the year to March 2024 (5.7%).