MyHome report shows asking price inflation easing to 7%
The Q2 2025 MyHome report in association with Bank of Ireland was published this morning. Asking price inflation moderated to 7% in Q2 2025, and to 5% in Dublin. House price inflation is now slowing towards the current pace of wage growth (5.6%) down from double-digit territory last summer. Nonetheless, market conditions are still very challenging. At end-June just 12,563 properties were listed for sale on MyHome, vs 20,000 pre-Covid. The average time-to-sale-agreed remains close to a historic low (2.6 months). Such is competition amongst homebuyers that the average residential transaction in Q2 2025 was settled 7.5% above the original asking price and one-in-six transactions by more than 20% above asking. Overall, the report’s findings support our view a mid-single-digit rise in house prices close to 5% is likely through 2025.
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