ECB set for quarter point cut as property prices continue to rise at 8%

Irish property prices are now nearly 20% higher than at the peak of 2007 pre-crash bubble

The median price of a home in Ireland, as of February 2025, is €360,000.

ECB set for quarter point cut as property prices continue to rise at 8%

House prices now nearly 20% higher than at peak of pre-crash property bubble in 2007

Skyrocketing property prices are continuing to lock a generation out of homeownership

We cannot allow skyrocketing property prices to continue locking tens of thousands of people out of homeownership, according to Social Democrats TD Rory Hearne. Deputy Hearne, who is the party’s housing spokesperson, said: “The latest national Residential Property Price Index, published today by the Central Statistics Office (CSO), recorded an eight per cent increase in the 12 months to February 2025. “In Dublin, prices rose by 7.1 per cent, whi…