The DNG House Price Gauge recorded a slight acceleration in the quarterly rate of price growth in the capital’s residential market during Q1, following growth of 1.5% recorded in Q4 last year.

On an annualised basis, residential property prices increased by 8.8% in the year to March 2022 as shown in figure 2 however the annual rate of price appreciated in the year to March was slightly lower than in the year to December 2021, when prices rose by 9.9% on average.