The Central Statistics Office (CSO) today published the latest national Residential Property Price Index (RPPI), with prices in Dublin rising by 10.8 per cent and prices outside Dublin up by 9.6 per cent.

In August 2024, 3,990 dwelling purchases by households at market prices were filed with the Revenue Commissioners, down by 14 per cent when compared with the 4,640 purchases in August 2023.

Households paid a median or mid-point price of €345,000 for a residential property in the 12 months to August 2024. The lowest median price paid for a dwelling was €175,000 in Longford, while the highest was €635,000 in Dún Laoghaire-Rathdown.

The national index has now reached the value of 185.6, which is 13.4 per cent above its highest level at the peak of the property boom in April 2007.

Dublin residential property prices are 1.8 per cent higher than their February 2007 peak, while residential property prices in the rest of Ireland are 14 per cent higher than their May 2007 peak.

Property prices nationally have increased by 152.9 per cent from their trough in early 2013.

Dublin residential property prices have risen by 152.1 per cent from their February 2012 low, whilst residential property prices in the rest of Ireland are 162.4 per cent higher than at the trough, which was in May 2013.