While property prices across Ireland are on average 33.5 percent below their 2007 peak, the country's central bank introduced restrictions on mortgage lending in January to try to ensure rises do not return to unsustainable levels amid a supply shortage.
The annual rate of growth slowed to 7.6 percent in October, the lowest level since January 2014. Prices posted their fastest growth of the year in August, when they increased by 2.3 percent on a monthly basis.