The pace of growth in asking prices for houses and apartments appears to be softening, according to the latest report from property website My Home in conjunction with Bank of Ireland.
The report for the third quarter of 2025 said asking prices nationally are up 5.7% over the past year, rising by 4.8% in Dublin and 6.2% outside the capital.
But it warned that affordability was becoming "more stretched" with the average residential property selling for eight times average earnings - which was the highest level since 2009.
The report said Budget 2026 included measures which should boost the supply of property.
The report's author Conall MacCoille, Bank of Ireland chief economist, said there was "evidence house price inflation is finally slowing down".
However, he stressed the "pace of price rises is merely softening".
Mr MacCoille added: "The market is still extremely difficult; there are currently just 13,000 properties listed for sale on MyHome, flat on the year and still down from the levels exceeding 20,000 seen prior to the Covid-19 pandemic."
