Residential Price Index rose by 5.5% in July, figures show

The Residential Property Price Index increased by 5.5% in the 12 months to July 2026, according to figures released by the Central Statistics Office (CSO).

In Dublin, property prices rose by 4.4%, while property prices outside of the capital rose by 6.4% compared with July 2025.

The CSO compared the Residential Property Price Index outside of Dublin to that of May 2013, discovering that it is now three times higher than then. The series began in 2005, and this is when it was at its lowest point.

Across the country, the median price of a dwelling purchased in the 12 months to July 2026 was €399,999.

The highest price in the 12 months to July 2026 was €684,411 in Dún Laoghaire-Rathdown, and the lowest median price was €200,000 in Longford.

According to revenue data, there were 2,035 first-time buyer purchases filed in July 2026.

Samantha Walsh, Statistician in the Prices Division of the CSO, said: “Residential property prices rose by 5.5% in the 12 months to July 2026, down from the 5.6% in the 12 months to June 2026. In Dublin, residential property prices rose by 4.4%, while residential property prices outside Dublin were 6.4% higher in July 2026 when compared with July 2025.

“The annual increase in residential property prices nationally of 5.5% for July 2026 represents the lowest annual rise since January 2024, when the annual increase was 5.4%.

“The Residential Property Price Index outside of Dublin is now over three times higher than in May 2013. In May 2013, in the midst of the economic downturn, the RPPI for properties outside of Dublin hit its lowest point since the series began in 2005.”