Daft.ie report shows supply of rental properties rose 50% last year

THE supply of rental properties in Ireland surged by almost 50% in the last three months of last year.

Also landlords are commanding up to €1,258 a month for a one-bed property in Dublin compared with €524 in areas like Sligo and Donegal.

The daft.ie rental report found the dramatic hike in supply is likely due to those who had invested in property but had not sought a rental income until recently.