Home » Tag Archives: Daft report

Tag Archives: Daft report

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 …

Read More »

House prices in Clare rise 18% in one year

HOUSE prices in Clare increased by just under 18% between the first quarter of last year and the first quarter of this year, new figures from Daft.ie shows. The property website’s research also shows that there was a 2.8% increase in the asking price for houses in Clare in the first three months of this year. The average asking price in the Banner now stands at €227,645, an increase of 90% compared to the low point of the market, seen during the recession. While there were increases in price throughout the country, they were particularly noticeable in the west of the country, with Leitrim seeing a 26% increase and Mayo one of 22%. Writing in the Daft.ie report, Ronan Lyons, Associate Professor of Economics at Trinity, said that housing shortages are widespread in Ireland. “National figures of course hide regional differences – but if Covid-19 has done anything to the housing market in Ireland, it has been to take a …

Read More »