Rents increased by 9.2% across new tenancies, RTB says

The average national rent is now €1,460 per month, according to figures from the Residential Tenancies BoardAverage rents range from €2,015 a month in Dublin to €734 in Leitrim, according to the rental market watchdog’s quarterly price index of new tenancies. Photograph: Cyril ByrneNew rents increased by an average of 9.2 per cent in the first quarter of this year, as the number of new tenancies dropped by almost a third, according to the latest figures from the Residential Tenancies Board .

There was a drop in the number of new tenancies registered in the first quarter at 10,414, which is 32 per cent lower than the 15,291 registrations in the same quarter of the previous year. The average rent varied geographically, standing at €2,015 in Dublin and €1,127 outside of the capital. The lowest yearly growth in the standardised average rent for new tenancies was in Wicklow where rents grew by 1.3 per cent. Twelve counties had a yearly growth rate in new tenancy rents above 10 per cent.

“These results are likely still indirectly impacted by Covid-19 public health measures along with constraints in supply and tenants choosing to stay longer in their existing tenancies,” he said.

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rents rise 9% for new tenancies in first quarterRents for new tenancies were up over 9% in the first quarter of this year compared to the same time last year, according to new figures from the Residential Tenancies Board (RTB) and the Economic and Social Research Institute (ESRI).
Source: RTEbusiness - 🏆 16. / 61 Read more »

Rents rise 9% for new tenancies in first quarterRents for new tenancies were up over 9% in the first quarter of this year compared to the same time last year, according to new figures from the Residential Tenancies Board (RTB) and the Economic and Social Research Institute (ESRI).
Source: RTEbusiness - 🏆 16. / 61 Read more »

Speeding fines set to double in coming weeks due to rise in road deaths, Minister saysThe Government wanted to act fast and put such measures in place immediately which was why this morning 61 new speed camera zones would be rolled out across the country, bringing the total number nationwide to almost 1,400, Ms Naughton said. Making all those private companies millions What a joke. Catching young brats late at night,not shooting fish in a barrel in middle of day when an old lady wanders onto 30 mph limit gardainfo GardaTraffic
Source: IrishTimes - 🏆 3. / 98 Read more »

Speeding fines set to increase to €160 in new effort to combat road deaths | JOE.ieFines for mobile phone use and not wearing a seatbelt while driving are also set to double
Source: JOEdotie - 🏆 31. / 51 Read more »

Speeding fines set to double in coming weeks, Minister saysGardaí announce 61 new safety camera zones to counter significant increase in road deaths Cameras in place to generate finance! You want safer roads then you maintain them, police them and create more awareness Money money Motorists are one of the best cash cows going..
Source: IrishTimes - 🏆 3. / 98 Read more »