House prices have started to fall for the first time since 2012.
A new report for Daft.ie has found that while that's a good thing for buyers, it doesn't mean we have an entirely healthy housing system yet.
It found that there are no signs of improvement in the balance of supply and demand in the private rental market and social housing.
Economist at Trinity College Dublin and author of the Daft.ie Report, Ronan Lyons, says the owner-occupier sector is just one part of the housing system.
"We're seeing no more upward pressure on prices and in fact slight downward pressure in prices. That is indeed a good thing, but it doesn't mean we have an entirely healthy housing system yet," he said.
"The owner-occupier sector is just one part of the housing system. We also have, for example, the private rental market and the social housing sector, and neither of those segments yet is showing any signs of health in terms of new houses being built," he said.
