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Rate Of Growth In Rents Has Slowed Down

The latest figures show that nationally the rate of growth for rents in the private sector is slowing down. 

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The latest quarterly index from the Residential Tenancies Board, shows rents grew by 8.6 per-cent to March of this year.

However, that's down from an annual rate of 9.2 per-cent in the final quarter of 2015.

David Duffy, Economist with the ESRI, says that renting a house is becoming more affordable.

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