The average rent across Ireland is now 1,077 euro - an increase of 11.7 per cent on this time last year.

Daft.ie's latest report shows that Dublin rents are now 1,580 euro - 9.3 per cent higher than their previous peak in 2008.

There were just over 3,600 properties to rent around the country on October 1st - the lowest figure since 2006.

Trinity College Economist Ronan Lyons is the author of the report - he says the Government needs to focus on two areas: