{
  "id": 1913981,
  "title": "Annual house price growth eases to 5.6% in June - CSO",
  "url": "https://urgent.news/2026/08/19/annual-house-price-growth-eases-to-5-6-in-june-cso",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T10:16:45.000Z",
  "source": {
    "name": "RTE News",
    "slug": "rte-news",
    "url": "https://www.rte.ie/news/business/2026/0819/1588491-cso-residential-property-figures/"
  },
  "original_language": "en",
  "account": "The rate of annual house price growth decelerated to 5.6% in June, according to the Central Statistics Office (CSO). The national Residential Property Price Index (RPPI) indicated the average home price increased by 5.6% compared to the previous year, down from 6.1% in May. This marked the lowest growth in almost two and a half years, as property prices have been gradually moderating since peaking at 10.1% in August 2024.\n\nThe CSO reported that house price inflation was faster outside of Dublin compared to the capital, with Dublin's prices rising by 4.6% versus 6.4% for the rest of the country. The median price of a home purchased in the year to June was €396,000, with Dún Laoghaire-Rathdown boasting the highest median price at €682,334, while Longford had the lowest at €198,000.\n\nIn June, 4,058 home purchases valued at €1.82 billion were filed with Revenue, consisting of 2,973 existing properties and 1,085 new homes. First-time buyers filed 1,705 purchases in June 2026. Irish Mortgage Advisors Chair Trevor Grant noted that while a slowdown would benefit first-time buyers, prices remain on an upward trajectory. The fundamental issue, Grant emphasized, is Ireland's insufficient home-building to meet demand from an expanding population. The gap between completed homes and demand continues to impact prices, and although 2026 began positively with a 33% increase in new housing completions in Q1 2026, the second quarter's data suggests progress was short-lived, posing challenges for young buyers consistently finding homes unaffordable.",
  "summary": "The rate of growth in house prices slowed in the year to June, according to the latest figures from the Central Statistics Office.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "This Is Money",
        "title": "Average house price is up £5,000 in the year to June - but in one London borough they've fallen £291,000...",
        "url": "https://urgent.news/2026/08/19/average-house-price-is-up-5-000-in-the-year-to-june-but-in-one-london",
        "published": "2026-08-19T10:51:56.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}