An Ennis auctioneer is expressing hope that the rate of increase in rental costs in Clare will slow in the coming 12 months.
The latest report from Daft.ie shows that rents are continuing to rise, but the rate at which they’re rising has slowed significantly.
Rents nationally grew by 6.7% last year to an average of almost €1,400, which is a six-year low in terms of annual increases.
CONTINUE READING BELOW
However, here in Clare, now costs €858 a month on average to rent a home, which is a rise of around €100 a month, or 11.3% in the past year.
Douglas Hurley of DNG O’Sullivan Hurley Auctioneers in Ennis has been telling Clare FM’s James Mulhall that the only big winners here are the government:
