In the year to the end of December, prices across the country rose by 7.8%, down from 8.5% in the twelve months to the end of November and from 14.2% in the same month a year earlier.Houses in Dublin increased by 6.1% over the period, with apartments appreciating in price by 5.4%.The strongest growth in the capital was recorded in south Dublin, at 11%.
The west was the region with the highest level of price increases outside of Dublin, where a 14.9% rise was seen compared to a year earlier.The highest median was €625,000 in Dún Laoghaire-Rathdown while the lowest was €152,000 for a dwelling in Longford. December saw a slight increase in the level of activity, with 5,213 dwelling purchases by households filed with the Revenue Commissioners, up 0.8% compared on the same month a year ago.
The price of new dwellings in the last three months of last year were 10% higher than in the corresponding quarter of 2021.
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