Residential property prices up 6% this year but auctioneers forecast market to slow

Various estate agent signs outside an estate in Clane, Co Kildare, last year. Picture: Colin Keegan, Collins Dublin

Residential property prices increased by more than 6% to reach an average of €315,061 in the first half of 2022, according to a new report.

The report also showed a slowing in price increases in the market, which are expected to average at 2% for the remainder of the year.