rents

  • A Mayo Fianna Fail TD has slammed the Government for allowing rents to spiral out of control.

    Lisa Chambers says a recent report from Daft.ie shows that rents have now increased for 13 consecutive quarters.

    Rent increases in the Connacht region are among the highest, with Galway seeing a 15.5% increase and Mayo an 11.9% increase.

    Deputy Chambers believes this hike is colossal and says the rental sector is out of control.

  • Rents in Co Mayo rose by an average of 11.4% in the year to September 2018 - which was in line with the national average according to the latest quarterly report from property website Daft.ie.

    The average advertised rent in mayo is now €704 per month.

    Rents in Galway were up 16% over the past year to an average of €1,226 per month.

    The biggest increases were in Limerick and Waterford while Dublin remains the most expensive place to rent a property with average rents of €1,968.

  • In Mayo, rents were on average 8% higher in the third quarter of 2019 than a year previously. The average listed rent is now €762, up 47% from its lowest point.

    In Connacht, rents rose by an average of 8.9% in the year to September 2019 and are now 26% above their previous high in early 2008, according to the latest quarterly Rental Report by Daft.ie.

    The average monthly rent in Galway was €1,299, up 5.9% on the third quarter of 2018.

    At €1,403, the average monthly rent nationwide during the third quarter of 2019 marks the fourteenth consecutive quarter of record rents.

    Rents rose by an average of 5.2% nationwide in the year to September 2019 with the average listed rent is now €373 per month higher than the previous peak in 2008 and almost €660 higher than the low seen in late 2011.

    In the country, rents continue to rise at faster rates, with increases of 10.1% in Munster and 8.2% in Connacht-Ulster in the year to September.

    Author of the report Ronan Lyons says its bad news for tenants.

  • Rents in Galway city are now averaging over one thousand euro per month.

    The latest figures from the Residential Tenancies Board show the average price nationally is now 1-thousand-and-54-Euro.

    Dublin is still the most expensive area at just over 15-hundred a month, but there's been a slow down in the rate of increase.

    Rents across the country grew by 6.4 per cent in the last 3 months of 2017.

    Rosalind Carroll of the Residential Tenancies Board says that, while rents in Galway fell in the last quarter of 2017, there was an increase of over 8% over the past 12 months….

  •  

    The number of homes to rent nationally has reached its lowest level since 2006.

    According to the latest quarterly rental report from Daft.ie just 2,700 homes were available to rent nationwide on 1 May this year.

    The shortage of supply has pushed up average rents across the country to €1,366 a month - up over 8% year-on-year.

    While the increase in Dublin was less than 7%, in Cork, Galway, Limerick and Waterford rents increased by 10% to 15% over the last year.

    Rents have increased by an average of 12% in Connacht this year over last.

    Average monthly rent in Dublin is at €2,002, in Mayo its 730 euro, in county Galway 900 euro, in Sligo 760,  and in Roscommon 700 euro.

     

  • The average national rent has hit 1,391 euro a month, an increase of almost 7 percent in the last year.

    The latest Daft.ie report shows the average rent in Dublin is now more than 2,000 euro a month.

    In county Mayo 700 euro per month is the average rent on a 3 bedroom house.

    In Galway city rents have risen by more than 9 percent in twelve months.

    However, the report shows the rate at which prices are increasing has slowed down to its lowest in five years.

    Limerick and Waterford had the biggest increase in prices with hikes of around 10 percent.

    Mayo Fianna Fail deputy Lisa Chambers has hit out at the Minister for Housing Eoghan Murphy fpr failing to cap spiralling student accomodation rents.