The latest Irish Permanent House Price Index shows that house prices nationally rose by 5.3% in the first 11 months of this year, compared with growth of 18.8% in the same period last year.
For the 11th month in a row, the annual rate of growth in house prices slowed - from 10.1% in October to 7.5% to the for the 12 months including November. The November figure is the lowest year-on-year rise since the index, compiled in association with the ESRI, started.
Nationally, house prices fell by 0.4% in November, the third consecutive monthly decrease.
Irish Permanent head of marketing Niall O'Grady said the impact of taxation changes in the recent Budget would determine whether growth would continue along current levels or pick up again in the months ahead.
The index shows that Dublin house prices have risen by 5.9% so far this year, with a 5.7% rise outside Dublin.
Nationally, prices for first-time buyers increased by 5.9% in the first 11 months of the year, with prices for second-time buyers up by 4.7%. The price for new houses rose by 7.1% so far this year, with a 3.4% rise for second hand houses.
The survey shows that Tipperary, Mayo and Longford are the least expensive places to buy a house., with average prices of around £105,000.
