The average asking price for rents fell slightly in the last three months of 2019, according to property site Daft.ie, but was more than 4% higher over the course of the year.
It is the first time average national rents have fallen on a quarterly basis since 2012 and leave prices 4.1% higher compared to the end of 2018.
Based on listings on Daft.ie the average national rent stood at €1,402 by the end of last year.
The website said rent asking prices rose in Dublin, Cork and Galway between September and December but fell elsewhere.
In Dublin the average was €2,052 – up 3.5% over the course of the entire year. The average sought in Cork was €1,386 – up 5.5%.
Galway saw the biggest percentage price rise, however, with a 5.6% gain to €1,309.
Meanwhile Daft.ie said there has been an increase in the number of homes listed for
Continue reading this atricle at https://www.rte.ie/news/business/2020/0204/1113129-rent-prices-daft/