Residential Rent Appreciation in Ireland Slows to 6-Year Low

According to Daft.ie, Ireland rents rose by an average of 6.7% nationwide, in the year to June 2019. This marks the lowest rate of rental inflation across the country since the final quarter of 2013. At €1,391, the average monthly rent nationwide during the second quarter of 2019 nonetheless marks the thirteenth consecutive quarter of record rents. The average listed rent is now €361 per month higher than the previous peak in 2008 and almost €650 higher than the low seen in late 2011.

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