Respite for renters as rate rise eases

Renters are finally getting some respite from rising rents, with the rate of increases demanded by landlords easing for the first time in five and a half years. However, that still leaves the average national rent at just under €950.

Meanwhile, an old trend is re-emerging with a fresh race to the commuter counties as city centre rents squeeze out more and more tenants.

According to property website Daft.ie, a slowdown in Dublin is the main factor moderating average rents nationally. Rental inflation there was running at 16.5% last spring but had calmed to below 10% last month.