State urged to intervene on rising house rents

Average rents in Dublin rose by 2.1% year-on-year to €1,745 and Cork rents grew by 4.5% to €1,252.

The Government must overhaul rental legislation and do more to speed up the supply of new houses as residential rental costs continue to rise across the country, an industry group has said.

Average nationwide residential rents rose by 2.7%, year-on-year, in the final three months of 2020, according to the Residential Tenancies Board (RTB).