Cork rents rise in contrast with other parts of country

RENTS in Cork city have risen strongly in the past year, in sharp contrast to other parts of the country where they have fallen or remained unchanged.

Property website Daft.ie revealed that rents in Cork city have risen an average of 4.7% in the past 12 months, while those in Waterford and Limerick cities have dropped 2%.

In Dublin and Galway, rents have remained unchanged while the rest of the country has seen rents go down by an average of 2.6%.