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Ireland's average monthly rent hits €2,055, with Dublin and other cities seeing steep increases.
Average monthly rent in Ireland now stands at €2,055, marking an 18-quarter streak of increases and a 51% hike since pre-pandemic levels.
Dublin's rents have risen by 6.5%, while other cities like Galway and Cork saw jumps of 8.5% and 11.8%, respectively.
The number of available rental homes has dropped by 14% year-on-year to almost 2,300, highlighting a severe housing shortage.
The government has begun easing rent controls, but significant relief is not expected until supply issues are addressed, likely several years from now.
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En Irlanda, el alquiler mensual promedio alcanza los 2.055 euros, y Dublín y otras ciudades experimentan fuertes aumentos.