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18/08/2009
Irish Property Rental Value Falling
New figures just out have revealed the national average being paid out to landlords stands at just over €800 per month, down a sixth on the past 12 months.
Overall, monthly rents have fallen by just under €200 in the past year, it emerged today.
The latest report published by property website Daft.ie showed a 5% drop in the past three months, with a 7% fall in Dublin.
The Daft rental report is based on an analysis of all rental properties advertised on Daft.ie since January 2002, including over 130,000 so far this year.
The study revealed rents have now been falling month on month for almost a year and a half, with a 20% drop in Cork and from over €1,300 to €1,000 in Dublin.
The biggest fall was in south Co Dublin where rents are on average 23% below their peak, compared to a 14% fall in Connacht and 10% drop in Kerry and Donegal.
With thousands of teenagers securing college places with the CAO points out yesterday, Mr Lyons said the latest trends will be welcome news for new and returning college students.
The cost of a double room in towns with Institutes of Technology range from €231 a month in Letterkenny to €543 a month in Dublin.
On August 1, for the first time since 2007, the number of properties available to rent fell slightly.
(BMcC/KMcA)
Overall, monthly rents have fallen by just under €200 in the past year, it emerged today.
The latest report published by property website Daft.ie showed a 5% drop in the past three months, with a 7% fall in Dublin.
The Daft rental report is based on an analysis of all rental properties advertised on Daft.ie since January 2002, including over 130,000 so far this year.
The study revealed rents have now been falling month on month for almost a year and a half, with a 20% drop in Cork and from over €1,300 to €1,000 in Dublin.
The biggest fall was in south Co Dublin where rents are on average 23% below their peak, compared to a 14% fall in Connacht and 10% drop in Kerry and Donegal.
With thousands of teenagers securing college places with the CAO points out yesterday, Mr Lyons said the latest trends will be welcome news for new and returning college students.
The cost of a double room in towns with Institutes of Technology range from €231 a month in Letterkenny to €543 a month in Dublin.
On August 1, for the first time since 2007, the number of properties available to rent fell slightly.
(BMcC/KMcA)
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18 November 2016
Cross-Union Secure Rents Campaign Launched In Limerick
IMPACT has the first in a series of public meetings as part of a cross-union Secure Rents campaign. IMPACT organiser Joe O'Connor said: "The Government's own Rebuilding Ireland action plan stated that moderating rental price inflation was one of its core objectives.
Cross-Union Secure Rents Campaign Launched In Limerick
IMPACT has the first in a series of public meetings as part of a cross-union Secure Rents campaign. IMPACT organiser Joe O'Connor said: "The Government's own Rebuilding Ireland action plan stated that moderating rental price inflation was one of its core objectives.
11 April 2011
BOI Reveals 'Unwelcome' Economic Trends
In its latest quarterly update the Bank of Ireland (BOI) has forecast growth levels as more modest than expected. In 2011, the economy will grow by 0.5% - which is 1% down from the previous forecast. The bank's outlook highlighted "two surprising and unwelcome" economic trends over the past month.
BOI Reveals 'Unwelcome' Economic Trends
In its latest quarterly update the Bank of Ireland (BOI) has forecast growth levels as more modest than expected. In 2011, the economy will grow by 0.5% - which is 1% down from the previous forecast. The bank's outlook highlighted "two surprising and unwelcome" economic trends over the past month.
11 November 2010
Manufacturing Increased 12% Since 2009
Output from Ireland's manufacturing industry has increased by 12% since last year, according to the latest statistics from the Government. The Central Statistics Office (CSO) has reported this morning that "significant" changes have occurred in a number of manufacturing sectors, with an average increase of 12.1% since September 2009.
Manufacturing Increased 12% Since 2009
Output from Ireland's manufacturing industry has increased by 12% since last year, according to the latest statistics from the Government. The Central Statistics Office (CSO) has reported this morning that "significant" changes have occurred in a number of manufacturing sectors, with an average increase of 12.1% since September 2009.
17 November 2009
Rents At Ten Year Low
Rents across the country have fallen to a ten year low, according to findings from property website Daft.ie. The latest report published by the property respected property website said the cost of renting a property fell by a further 4% in the past three months. The national average rent now stands at €771 - the lowest level in almost 10 years.
Rents At Ten Year Low
Rents across the country have fallen to a ten year low, according to findings from property website Daft.ie. The latest report published by the property respected property website said the cost of renting a property fell by a further 4% in the past three months. The national average rent now stands at €771 - the lowest level in almost 10 years.
22 November 2010
Rents Increase Across Ireland
The average property rental value rose by 0.3% during the third quarter of 2010, according to the latest report published by the property website, Daft.ie. The average rent nationwide now stands at €840.
Rents Increase Across Ireland
The average property rental value rose by 0.3% during the third quarter of 2010, according to the latest report published by the property website, Daft.ie. The average rent nationwide now stands at €840.
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