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Rental homes drop by a third

The number of rental properties available nationwide has dropped to its lowest point since 2006. Tha...
TodayFM
TodayFM

6:14 AM - 11 May 2015



Rental homes drop by a third

News

Rental homes drop by a third

TodayFM
TodayFM

6:14 AM - 11 May 2015



The number of rental properties available nationwide has dropped to its lowest point since 2006.

That's according to the latest report on the rental market by Daft.ie.

The number of properties to rent has dropped by almost a third in the last year according to the report.

Average rents nationwide between January and March stood at just over 960 euro - that's 8.2 percent higher than at the same point last year.

Rent inflation in Dublin has eased, but in the surrounding commuter counties it's now running at 14 per cent.

Economist Ronan Lyons compiled the report and says the fall in the number of rental properties is a nationwide problem:



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