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Tag Archives: Clare rents

Things ‘have never been so grim’ for new renters

THE average rent now sought for a Clare property on daft.ie is €1,109, up by 106% on the lowest point of the recession. In its report covering the first quarter of the year, Daft.ie found that prices in Clare had increased by 14% on the first three months of 2021. It also found that it is cheaper to pay a mortgage than rent a property in Clare, in many cases significantly so. Rental supply is very tight in Clare, with just 17 properties available to rent last week. Writing in the report, associate professor of economics at Trinity, Ronan Lyons stated, “In some ways, for Ireland’s rental sector, it’s like the pandemic never happened. “As Covid-19 moves from a shock that brought daily life to a standstill, to something more like part of daily life, pre-existing patterns and pressures are re-emerging in the rental market. “The figures in this latest Daft.ie Rental Report confirm, for example, that for prospective tenants …

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Clare rents on the rise

Rental accommodation is more expensive than at the same stage last year in every county in Ireland, according to the latest quarterly Rental Report by Daft.ie. In Munster, rents rose by an average of 4.2% in the year to September 2014, compared to static rents a year previously. In Clare, rents were on average 3.3% higher in the third quarter of 2014 than a year previously. The average advertised rent is now €562, a fall of 26% from the peak. Nationally, rents have risen by over 11% in the space of twelve months with the national average rent now €933 compared to €842 a year previously. Dublin’s annual inflation rate has slowed for the first time in five years, but prices have still risen by over 14% in the capital since the third quarter of 2013. In the other city centres, rents continue to climb. Waterford experienced an annual rise of 4%, Limerick 6%, Galway 7% and Cork 8%. Most …

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