Availability of rental properties 'at one of the lowest levels ever', survey shows

The report from the Society of Chartered Surveyors Ireland also found a large affordability gap in some counties. File picture

New homes remain unaffordable for first-time buyers in several counties and landlords selling up will continue to take properties off the rental market in the coming years, estate agents have warned.

The survey compiled by the Society of Chartered Surveyors Ireland (SCSI) found that property price inflation will likely stabilise this year, going from double-digit rises last year to 2% in 2023.