Dublin house prices appear to be stabilising with the DNG House Price Gauge recording a modest 0.4% rise for the first quarter of 2015 following an increase of just 2.2% in the final quarter of 2014. Property prices are now 14.4% higher than what they were last March and property prices still remain 47% below peak levels. The highest rate of house inflation in Dublin was for property priced under €250,000 which rose by 1.4% in the first quarter of 2015. It is likely that this trend will continue in the year ahead. Property priced in the €350,000 - €500,000 price category dropped by -0.3% in the same period and properties priced over €500,000 rose by 0.3%.