Daft report: 64% spike in available rental properties – Irish Examiner

The number of rental properties in some parts of Dublin has spiked by as much as 64% due to knock-on effects of the coronavirus crisis.

The latest Daft.ie rental report says the number of properties available for rent in March rose by 13% nationally as the Covid-19 crisis hits the short-term rental market normally taken up by tourists.

Most of the increase is concentrated in Dublin — accounting for 303 of the 353 extra listings.

Half of the Dublin increase is concentrated in the most in-demand property type and area for the short-term rental market — one- and two-bedroom properties in the city centre.

This sector of the capital’s market has seen a 64% increase in listings since the start of the month, with 396 rental ads, compared to 242 in the same period last year.

Economist Ronan Lyons said the spike in rental supply is likely due to the

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