Rents continue to rise — especially in Dublin

Rents in Dublin City soared by more than 11% last year and average rents across the country climbed by 7% in the same period, according to a new report.

The average advertised rent nationally is now €865, while in Dublin it is €1,210 — up 11.2% year on year.

The quarterly Daft.ie rental report covering the last three months of 2013 signalled a warning that such increases in rent levels could adversely affect the country’s competitiveness.