Property prices rose by 6.8% nationally in the 12 months to February this year, according to the latest figures from the Central Statistics Office.
The increase was marginally slower than the 7.1% recorded in the year to January.
The median average price of a home bought in the 12 months to February was €390,00 nationally.
In Dublin, the median average price for houses and apartments was €500,000 with the most expensive Dun Laoghaire-Rathdown at €681,500 and the least expensive was Fingal at €475,500.
Outside the capital, the most expensive was Wicklow at a median average of €455,831 and the least expensive was Donegal at €198,000.
“In Dublin, residential property prices saw an increase of 5.6%, while residential property prices outside Dublin were 7.8% higher in February 2026 when compared with a year earlier,” CSO statistician Samantha Walsh said.
The national index of prices is now 25% above its highest level at the peak of the property boom in April 2007 and up 179% from the low point after the crash in early 2013.
Trevor Grant, chairperson of Irish Mortgage Advisors, said that while the rate of house price growth has eased, this softening could be short lived if the conflict in the Middle East is not resolved soon.
He warned the surge in oil prices could push “building materials inflation even higher and in turn, further push up house building costs – as well as Irish house prices.”