Real Estate

Irish Home Prices Post First Year-on-Year Decline Since 2020

  • Average prices slip 0.5% in the second quarter from a year ago
  • Once-hot market still on edge after quarterly gain of 2.4%

Pedestrians walk past a row of cottages in Stoneybatter, Ireland.

Photographer: Jason Alden/Bloomberg
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Housing prices in Ireland posted a year-on-year decline for the first time since mid-2020, adding to signs of a cooling market amid rising interest rates.

The average listed price of a home in second quarter was 0.5% lower than the same period a year ago, according to a report by real estate website daft.ie.