Rent cost inflation in 2022 stood at its highest level in almost 20 years, new Daft report shows
Ronan Lyons, associate professor of economics at Trinity College Dublin, said rental prices continue recorded double digit inflation last year due to a “chronic” lack of supply in the private rental market
Average rents rose by their fastest pace in almost twenty years during 2022 due to a “chronic” lack of supply in the private rental market, according to the latest figures from property website Daft.ie.
The Daft.ie Rental Price Report for 2022 estimates that market rents across Ireland increased by 13.7 per cent last year to stand at an average rent of €1,733 per month. A number of large urban areas, however, recorded above average rental ...