Rental Sector Increase

RENTAL SECTOR INCREASE

here’s been an average jump of 9 per cent in rent levels across the country.

The latest report from property website Daft-dot-ie shows that in Dublin, the annual increase is even higher, at 14 per cent.

Daft’s latest quarterly rental report shows that rents rose in every county outside Connacht and Ulster.

In the cities, Dublin had the biggest jump, Cork was up 6 point 2 per cent, Galway and Limerick were both up more than 5 per cent, and Waterford jumped 1 point 4 per cent.

The report says the average rent in Ireland is now 888 euro – that’s up 69 euro from the lowest point in 2011.

Rents in Wexford have risen by one point seven per cent in the first quarter of this year

The average adveritsed rent is now six hundred euro in Wexford town a fall of twenty three per cent from the peak

Four thousand properties are available for rent – that’s down from 11 thousand two years ago.

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