Rent costs still rising but at a slower rate, says ESRI

The rate of growth in rent prices is slowing, according to the latest figures from the Economic and Social Research Institute.
Rent costs still rising but at a slower rate, says ESRI

The latest rent index for the third quarter of this year, prepared by the ESRI for the Residential Tenancies Board, shows that while rents continue to rise, the rate of growth slowed over July to September compared to the second quarter of the year.

Nationally, monthly rents increased 2.3%, marginally slower than the previous quarter, when they rose 3.5%. The index also recorded the first quarterly decline in Dublin rates in over three years, and found that rents outside Dublin are now rising at a faster pace than in the capital.

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