Property price inflation has hovered between 7 and 8 per cent for most of the year, down from the double-digit price growth seen last year. Illustration: Paul ScottHouse price inflation rose at an annualised rate of 7.6 per cent in September as ongoing supply shortages continued to fuel demand. Property price inflation has hovered between 7 and 8 per cent for most of the year, down from the double-digit growth in prices seen last year. House price inflation outside the capital was 9.4 per cent in September, marginally up on the 9.3 per cent recorded in September 2024. The median (or middle value) price of a home purchased nationally in the 12 months to September was €380,000.
