According to the latest quarterly rental report by Daft.ie, the cost of renting jumped for the 18th consecutive quarter.

The average open-market rent nationwide between April and June was 2,055 euro per month, up from a low of just 765 euro in 2011 and 51% higher than before the outbreak of Covid-19.

In recent years, rents in Dublin had been rising at a slower pace than elsewhere, reflecting the impact of both the pandemic in reshaping location preferences and significant new purpose-built supply coming on stream more recently.

However, with the volume of new supply slowing considerably, inflation in the capital, at 6.5%, is now close to the average seen in the rest of the country, at 7.3%.

There remains significant pressure in the rental markets of Ireland’s other cities.

In Galway c

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