Rents to rise by up to 10% as demand outstrips supply

Rents across Ireland are set to rise by between 7% and 10% as families choose to rent instead of stepping onto the property ladder, according to Savills Ireland.

Savills said its analysis of the market had found that since 2008 rents have fallen almost 25% but the market has turned and is set to rise in the next two years.

Clarie Neary, Savills letting manager, said there was still strong demand for properties in south Dublin.