Market comment - Irish rental market inflation continues apace

Davy Research
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Yesterday’s Residential Tenancies Board (RTB) release showed that residential rent inflation for new leases accelerated again in Q1 2018 to 7.1% from 6.4%. In Dublin, inflation accelerated to 7.8% from 5.1% — so little sign that rent controls have dampened the new end of the market over the past year. Supply remains an acute issue and the lack of sufficient stock will continue to drive prices higher in the near term.