'Tentative' signs that 'heat in housing market easing slightly'

Across the country, households paid a median or mid-point price of €285,000 for a property in the 12 months to March 2022.

Irish house prices continue to surge close to Celtic Tiger levels, but there are “tentative” signs that the “heat in the housing market may be easing slightly”.

KBC Bank chief economist Austin Hughes said upward pressure on Irish property prices “remains substantial” but the 0.6% increase in prices between February and March was the “slowest monthly rise in a year”.