Ennis Auctioneer Believes Rent Prices Leveling Out Is Inevitable Amid Further Increase

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An Ennis Auctioneer believes that increasing rent prices in Clare will level out in the near future.

A new report from property website Daft.ie suggests average rental prices in this county are now €1,087, which means monthly costs for tenants are now more than double what they were at their lowest point.

A three-bed semi detached house is now around 30% higher than the price of a mortgage for a similar property.

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Speaking with myself, Diarmuid McMahon of Sherry Fitzgerald McMahon in Ennis insists it will come to the point where it will be impossible for rent prices to increase any further.