Residential property rent premiums escalate latest figures reveal – Mayo Advertiser

Average monthly rental premiums increased by an average of 1.2 percent in the year to July, with the average charge for renting a three bedroom property in County Westmeath now €965, according to the latest Housing Market Report which was released in recent times.

The new monthly report gives key figures on the health of both rental and sales markets, with figures for the sales market showing prices on average unchanged in July compared to a year ago.

The average listed sale price nationwide in July was €259,733, while the average monthly listed rent was €1,412.

Rents in Dublin are largely unchanged, year-on-year, having risen by just 0.2 percent in the last 12 months to July.

In the rest of Leinster and in Munster, rents have risen in the last year, by 3.3 percent and 2.7 percent respectively, while in Connacht and Ulster, however, rents are 0.6 percent lower

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