Rents paid by sitting tenants increased by 3.8% over the last year, with bigger percentage increases outside Dublin (4.5%) than in the capital.
MARKET RENTS IN the second quarter of 2023 rose by an average of 2.4% compared to the first three months of the year although Dublin lagged behind the rest of the country, according to the latest Rental Report by Daft.ie.
However, outside Dublin, the average increase between March and June was 4.3%, the second largest quarterly increase recorded outside the capital since the start of the Daft Report in 2006. The level of homes on the market is less than one third of what had been typical in the 2015-2019 period. “The figures in this latest rental market report indicate something of a split in market conditions.”
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