Posted
at 10:13 am, May 25, 2010
in The latest Daft rental report for Q1 2010 was released this morning.
The report found that rents fell by just under half a percent in the first quarter of 2010. Having risen in January, rents fell back slightly over the past few months and the average rent nationwide now stands at just under €760.
The findings of the report show a lot of variation between different areas around the country, but overall tentative indicators are that the market is beginning to stabilise.
Read the full report, including a commentary by Jill Kerby, Personal Finance Journalist with the Sunday Times, at www.daft.ie/report.
Daft economist Ronan Lyons has some further analysis over on ronanlyons.com, including a look at exactly how much extra certain white goods can add to a property's rental value, with specific focus on the rise and fall of the "dishwasher premium"!
Hope you are right about the stabilisation of the rental side of the industry, it would indicate a slow steady return to normality for agents.