Residential property prices in Ireland continued their downward trend in June, data released by the Central Statistics Office showed Tuesday.
The residential property price index dropped by 14.4 percent in June compared to a year earlier, after falling 15.3 percent in May. In April, the rate of decline was 16.4 percent. Prices have fallen regularly since January 2008, when they edged up 0.2 percent.
Prices of houses fell by 14 percent year-on-year during the month, while apartment prices plunged 19.9 percent, data showed.
In Dublin, residential property prices were 16.4 percent lower than a year ago, as both house prices and apartment prices decreased notably.
Month-on-month, overall residential property prices decreased 1.1 percent in June, reversing the previous month's 0.2 percent gain.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.