This is up from a low of just €765 in 2011 and 48 per cent higher than before the outbreak of COVID-19.

Harry Sothern of REA Sothern said that the home is located in a very good area and if it was in good condition “it would have sold for around €400,000”.

Housing price inflation reached an eight-year high as supply tightens further.

Threshold says that the most recent data from Inside Airbnb goes back three months. At that time the number of properties listed in Ireland, excluding home share listings, was 20,176.

Rents rose by 19% in Limerick city and 10% in Cork city in the final quarter of the year compared with 12 months earlier.

The price of buying a home in Ireland last year rose by 9 per cent, according to the latest report from Daft.ie

The average open-market rent nationwide in the third quarter was €1,955 per month, up 7.7 per cent year-on-year

Daft.ie was founded in 1997 by brothers Eamonn and Brian Fallon

Housing prices nationally rose by an average of 1.8% in the first three months of 2024, according to the latest House Price Report.

The average open-market rent nationwide in the final quarter was €1,850 per month.

Just 11,000 houses were listed for sale on Daft.ie on December 1st, 27% fewer than on the same date a year earlier.

Property website Daft.ie found a noticeable difference between trends in the capital and elsewhere in the second quarter.

The latest Daft.ie report shows nationally prices fell by 0.5 per cent in the past year

The average market rent nationwide between January and March was €1,750 per month, according to property website Daft.ie.

It is the first time in a decade that there was a first-quarter fall in listed prices.

Mr Varadkar made the comments at the Fine Gael parliamentary party meeting on Wednesday night and was referring to findings in the National Economic and Social Council

Sinn Féin leader Mary Lou McDonald said rental prices meant the lives and aspirations of tenants are being “put on hold”

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The average market rent nationwide between October and December was €1,733 per month, up 2.7 per cent compared to the third quarter of the year and 126 per cent above the low of €765 per month seen in late 2011

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While the Government's Housing for All plan has a target of 33,000 units annually, Minister for Housing Darragh O'Brien has itted that even reaching 28,000 home completions next year will be challenging.

Nationwide, there were just 1,087 homes available to rent on November 1st

Nationwide, there were just 716 homes available to rent at the beginning of August.

A typical mortgage seeker has €11,000 less in savings to put towards a deposit than those in the same position a year ago

There are now slightly more homes available to buy in Ireland than a year ago, the first time since mid-2019 that this has been the case.