
A chronic shortage of properties has pushed rents to their highest ever level.
A chronic shortage of properties has pushed rents to their highest ever level.
The latest Daft.ie report shows market rents in Wicklow were on average 16.6% higher in the third quarter of 2022 than a year previously.
The average listed rent in the county is now €1,846, up 127% from its lowest point.
The annual inflation rate of 14.1% nationally is the highest ever recorded in the Daft.ie Report since its launch in 2006, with the quarter-on-quarter increase also a new series high.
Nationwide, there were just 1,087 homes available to rent on November 1st, down one quarter on the same date a year ago and roughly quarter the average level of availability during 2015-2019.
Report author Ronan Lyons says pressures on the market are likely to stay in place for the foreseeable future: