Call for policy 'shake-up' as house prices soar by €100,000 in five years

The median price for a property across the country remains unchanged as of the end of February at €360,000. File picture

House prices continued to charge upwards in February with the cost of housing jumping by 8% over the previous 12 months, according to the CSO. It means that the median price for a home in Ireland has rocketed upwards by €100,000 since 2020.

However, the number of properties bought in the second month of 2025 fell significantly from January — with just 3,245 dwelling purchases notified to the Revenue Commissioners versus 3,801 four weeks previously.