Revealed on April twenty second, 2020 |
by Raychel O’Connell
Rental provide throughout the nation has seen dramatic modifications for the reason that lockdown was first introduced as seen by the variety of rental adverts listed on Eire’s largest property web site, Daft.ie. As seen in our last report the variety of properties for hire in Central Dublin for the reason that colleges closed on March thirteenth nonetheless stay effectively above the identical interval final 12 months and are actually 75% increased, 12 months on 12 months.
Nevertheless, the week-by-week figures counsel that this surge could now be easing. Whereas there have been thrice as many rental properties listed in central Dublin the week of March 15 (in comparison with a 12 months beforehand), within the week of the April 5, there have been simply 16% extra properties put up for hire. In numbers, the surge has eased from 170 extra properties within the week simply after colleges have been closed to fewer than 20 extra rental properties in Central Dublin final week.
In the remainder of the nation, the variety of rental listings has been falling and by a lot larger percentages. The remainder of Dublin had seen 24% extra rental listings the week of 15 March (simply after lockdown) however noticed 16% fewer the week of April 5. Exterior Dublin, it had been unchanged 12 months on 12 months March 15 and is now down by 51%.