Rent report signals accommodation squeeze for students

Daft.ie says second quarter increase was largest since 2006

23rd August, 2016
Purpose-buil student apartments will take time, says economist. Pic: Jason Clarke Photography

Figures from property website Daft.ie show that rents across the country rose by an average of 3.9 per cent during the second quarter of this year. This was the largest quarterly increase since 2007, according to Daft.ie.

The site's rental report showed that the average monthly rent in the second quarter was €1,037, a record high.

For the fourth quarter in a row, the highest rate of inflation was in Cork city, where rents rose...

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