The Clare Champion Clare news, sport, entertainment and local notes
There are almost 40% fewer properties available to rent compared to this time last year according to the latest quarterly Rental Report by Daft.ie. Nationally, rents have risen by over 10% in the space of 12 months, with the national average rent now €915 compared to €825 a year previously. This will seriously impact on Clare third level students seeking accommodation in towns and cities across the country. In Clare, rents were on average 2.2% higher in the second quarter of 2014 than a year previously. The average advertised rent is now €554, a fall of 27% from the peak. Rents rose in every county, bar Donegal, and all city centres experienced rises of between 3% in Waterford and 17% in Dublin. There are now 6,800 properties available to rent across the country, down from 11,000 in August 2013. Domhnall McGlacken-Byrne, Trinity College Dublin Students’ Union president has stated that this is a “source of alarm” for prospective tenants and suggested …
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