Based on a new Ireland Rental Report by daft.ie, residential rents in the third quarter of 2021 were an average of 6.8% higher than the same period in 2020. The average monthly rent nationwide between July and September was €1,516, up 2.6% on the first quarter and more than double the low of €742 per month seen in late 2011.
According to Daft.ie latest sales report, Ireland's housing prices rose by 1% between June and September 2021, and are now 9.1% higher than a year ago. The average price nationwide in the third quarter of 2021 was €287,704, 22% below the Celtic Tiger peak but three quarters above its lowest point in 2012.
The pandemic-induced housing boom continues with prices rising by 9.2% on average across 55 countries and territories in the year to June 2021.
According to the latest Ireland Rental Report by Daft.ie, residential rents in the second quarter of 2021 were an average of 5.6% higher than the same period in 2020. The average monthly rent stood at €1,477 in the second quarter of 2021
€1.5 billion of investment deals have traded in Q2 of 2021. This is a particularly strong quarter, and combined with Q1, indicates that €2.7 billion has traded in the first 6 months of the year.
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