The latest sales report from Daft.ie has indicated that the selling prices in Dublin have started to fall.
According to the research, which was submitted by the property website, house and apartment selling prices in Dublin have dropped by 2.3%, compared with the same month in 2025, which shows a first decline since 2023.
The report has stated that this decrease is "consistent with a market where supply is recovering, following the long shadow of higher interest rates, and competition between buyers is easing slightly".
But the report did also mention that "this may be revised when further transactions are registered for the quarter in coming weeks".
Elsewhere, Daft.ie have said that the data makes for different viewing outside the cities, with the asking-inflation remaining strong in Munster, and especially Connacht-Ulster, with both standing at 6.3% and 8.8%, showing little change from the previous year.
Speaking about these findings in a statement to RTÉ, Professor Ronan Lyons, lead author of the report, said: "Really that comes back to the supply picture".
He continued: "Second-hand supply in the cities is up significantly - 10, 15, 20% depending on the market compared to this time a year ago".
"Whereas in parts of Munster and Connacht and Ulster, there's been no change from very low levels of supply a year ago".
Elsewhere, Mr Lyons said that the supply figure was "probably the single best predictor of what's happening and what's going to happen" over the next few months.
Daft.ie went on to add that the selling price had increased by 3.2% in June, compared with the first half of 2025, which does mark the slowest rate of increase in two years. It also found that the typical gap between the initial asking price and ultimate selling price of a home has dropped to 5.5% nationally, a decrease by 6.8% in June last year.
This decrease has been put down to competition between buyers decreasing.
