buckley-1

2025 Q4 – Year in Review Daft.ie Rental Report

Wed, 04 Mar 2026 15:25:19 GMT

Daft.ie House Price Report - Q3 2025

Tue, 09 Dec 2025 15:07:47 GMT

Daft Rental Price Report Q4 2024

Tue, 25 Feb 2025 23:36:22 GMT

Daft Rental Price Report Q4 2024

PRICES UP 3% IN THIRD QUARTER AS HOUSING SHORTAGE PERSISTS

Tue, 01 Oct 2024 10:44:50 GMT

Housing prices nationally rose by an average of 3.1% in the third quarter of 2024, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie.
The typical listed price nationwide in the third quarter of 2024 was €344,848, 6.2% higher than in the same period a year earlier and 37% higher than at the onset of the covid19 pandemic.
The increase in prices in the third quarter was broadly based but the percentage gains were greatest in Dublin, where prices rose by 4.1% between June and September.
This is the largest three-month increase in the capital since early 2017 and means that prices there are on average more than 6% higher than year ago.
This means that annual inflation in Dublin is higher than the average of the other four cities for the first time since 2020.
In Cork, Galway and Waterford cities, prices in the third quarter were roughly 4% higher than a year ago.
Inflation in Limerick city remains higher, however, at 9.7%, while the average increase outside the cities in the year to Q3 was 6.3%.
The number of second-hand homes available to buy nationwide on September 1st stood at less than 11,900, down 12% year-on-year, the fifteenth month of contracting supply.
The fall in availability largely reflects a dip in the number of second-hand homes coming on to the market over the last year, with just over 51,000 homes coming on to the market in the twelve months to September, compared to almost 57,000 a year ago.

Housing prices nationally rose by an average of 3.1% in the third quarter of 2024, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie. The typical listed price nationwide in the third quarter of 2024 was €344,848, 6.2% higher than in the same period a year earlier and 37% higher than at the onset of the covid19 pandemic.

The increase in prices in the third quarter was broadly based but the percentage gains were greatest in Dublin, where prices rose by 4.1% between June and September. This is the largest three-month increase in the capital since early 2017 and means that prices there are on average more than 6% higher than year ago. This means that annual inflation in Dublin is higher than the average of the other four cities for the first time since 2020: in Cork, Galway and Waterford cities, prices in the third quarter were roughly 4% higher than a year ago. Inflation in Limerick city remains higher, however, at 9.7%, while the average increase outside the cities in the year to Q3 was 6.3%.

The number of second-hand homes available to buy nationwide on September 1st stood at less than 11,900, down 12% year-on-year, the fifteenth month of contracting supply. This is a new low for this time of year, surpassing the previous low of 12,900 homes on September 1st 2021, just after lockdowns ended. The fall in availability largely reflects a dip in the number of second-hand homes coming on to the market over the last year, with just over 51,000 homes coming on to the market in the twelve months to September, compared to almost 57,000 a year ago.

"The figures in this latest House Price Report give further support to the suspicion that the recovery of the second-hand market in Ireland from the double hit of the early 2020s is likely to take time as the true number of homes needed each year, if the housing deficit is to be addressed is close to twice what was built last year."
Ronan Lyons, economist at Trinity College Dublin.

Commenting on the report, its author Ronan Lyons, economist at Trinity College Dublin, said:

“While the volume of new homes being built and bought has largely held up in recent quarters, despite rising interest rates, the same cannot be said of the second-hand market. The number of homes coming on to the second-hand market remains very weak. The resulting scarcity of homes has pushed prices up, especially in Dublin, where new homes are being built. The typical second-hand home bought in Dublin between June and September sold for 7.6% above its listed price, the biggest gap since records began in 2010. Conditions elsewhere are similar, with a record average premium of 5.4% above the listed price nationally.

The slow decline in mortgage interest rates will help the market, as will sitting homeowners coming off fixed-rate mortgages. But these factors are largely outside of policymaker control. The underlying issue remains a lack of homes, of all kinds, and this should remain the focus for policymakers before and after the next election.”

Average list price and year-on-year change – major cities, Q3 2024

Dublin City: €463,265, up 6.2%
Cork City: €354,307, up 3.8%
Limerick City: €292,437, up 9.7%
Galway City: €388,604, up 4.1%
Waterford City: €249,792, up 3.4%
Rest of the country: €294,541, up 6.3%

Daft.ie House Price Report Q2 2024

Mon, 02 Sep 2024 11:45:35 GMT

RENTS UP 7% AS STOCK TO RENT STALLS

Press Embargo: Monday, August 26th - 00:01 AM

As a valued client of Daft.ie we would like to give you early access to our latest Daft.ie Rental Report which shows that:

Market rents rose by an average of 2% in the second quarter of 2024.
This marks the fourteenth consecutive quarter in which rents nationwide have increased and the 45th time in the last 48 quarters.
The average open-market rent nationwide in the second quarter of the year was €1,922 per month, up 7.3% year-on-year and 41% higher than before the outbreak of covid19.
Inflation in market rents remains significantly lower in Dublin than elsewhere in the country.
In the capital, rents in the second quarter of the year were 3.5% higher than a year earlier, while elsewhere in the country, they were on average 10.6% higher.
Market rents rose particularly sharply in Limerick City (up 21% year-on-year) but the three other cities also saw double-digit increases, ranging from 13% in Galway to 10% in Waterford.
Outside the cities, the rate of increase was similar, on average, between 9.3% in Munster and 10.5% in Connacht-Ulster.
As has consistently been the case in recent years, availability on the rental market remains extremely tight.
On August 1st, there were just over 2,200 homes available to rent across the country, effectively unchanged on the same date a year previously and half the 2015-2019 average of 4,400.

Market rents rose by an average of 2% in the second quarter of 2024, according to the latest Rental Report by Daft.ie. This marks the fourteenth consecutive quarter in which rents nationwide have increased and the 45th time in the last 48 quarters. The average open-market rent nationwide in the second quarter of the year was €1,922 per month, up 7.3% year-on-year and 41% higher than before the outbreak of covid19.

Inflation in market rents remains significantly lower in Dublin than elsewhere in the country. In the capital, rents in the second quarter of the year were 3.5% higher than a year earlier, while elsewhere in the country, they were on average 10.6% higher. Market rents rose particularly sharply in Limerick City (up 21% year-on-year) but the three other cities also saw double-digit increases, ranging from 13% in Galway to 10% in Waterford. Outside the cities, the rate of increase was similar, on average, between 9.3% in Munster and 10.5% in Connacht-Ulster.

As has consistently been the case in recent years, availability on the rental market remains extremely tight. On August 1st, there were just over 2,200 homes available to rent across the country, effectively unchanged on the same date a year previously and half the 2015-2019 average of 4,400.

“Ideally, more than a decade into a rental housing shortage, we would be talking about the gradual spread of the solution, rather than a return to the core problem. The solution is new supply of market rental homes, in large volumes, in each and every rental market in the country."

Ronan Lyons, Associate Professor of Economics at Trinity College Dublin.

Commenting on the report, Ronan Lyons, Associate Professor in Economics at Trinity College Dublin and author of the Daft.ie Report, said:

“Between mid-2022 and mid-2023, a slow-down in inflation in open-market rents occurred, driven by Dublin and in particular by the construction of significant numbers of new rental homes in the Dublin area. However, as seen by very rates of inflation in market rents in the other cities, this was limited to the capital, where new supply was concentrated.

This most recent reports suggests that, even in Dublin, improvement in the availability of rental homes is stalling. Without new rental supply, it is likely that future pressure on rents will be upward, further straining affordability for those on regular incomes. It remains incumbent on policymakers to first develop a thorough understanding of rental supply dynamics and second devise detailed plan on dramatically increasing rental supply, in all major rental markets, over the coming years.”

Average market rents, and year-on-year change, 2024 Q2

Dublin: €2,427, up 3.5%
Cork city: €2,005, up 11.9%
Limerick city: €2,107, up 21.2%
Galway city: €2,114, up 13.3%
Waterford city: €1,616, up 9.9%
Rest of the country: €1,573, up 9.9%

Daft.ie House Price Report Q2 2023

Mon, 26 Jun 2023 09:29:26 GMT

YEAR-ON-YEAR FALLS IN HOUSING PRICES

Housing prices in the second quarter of 2023 were 0.5% lower than a year ago, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie.
This marks the first time since mid-2020 that prices have fallen in year-on-year terms.
Looking at the second quarter compared to the first, prices rise – and by an average of 2.4% nationally.
The average listed price nationwide in the second quarter of 2023 was €309,648, up 2.4% on the average for the first quarter but slightly lower than this time last year and one-sixth below the Celtic Tiger peak.
The number of homes available to buy on June 1st stood at just over 13,000, up 5% on the same date last year but well below the 2019 average of 24,200.

Housing prices in the second quarter of 2023 were 0.5% lower than a year ago, according to the latest Daft.ie House Price Report released today by Ireland’s largest property website, Daft.ie. This marks the first time since mid-2020 that prices have fallen in year-on-year terms. Looking at the second quarter compared to the first, prices rise – and by an average of 2.4% nationally. The average listed price nationwide in the second quarter of 2023 was €309,648, up 2.4% on the average for the first quarter but slightly lower than this time last year and one-sixth below the Celtic Tiger peak.

Between March and June, prices in Dublin were on average 0.6% lower than a year previously while in Waterford city they were 0.5% lower. Cork and Galway cities saw larger falls in year-on-year terms, of 3.3% and 2.1% respectively. In Limerick city, however, prices bucked the trend and are 1.1% higher than a year ago – and just 2.4% below the late 2007 peak. Outside the cities, prices in Leinster were unchanged compared to a year ago and up 0.6% in Connacht-Ulster, while in Munster they were down 1%.

The number of homes available to buy on June 1st stood at just over 13,000, up 5% on the same date last year but well below the 2019 average of 24,200. In all parts of the country, the rate at which availability has increased has slowed in recent months.

"Looking at the second quarter compared to the first, prices rise by an average of 2.4% nationally. This is not a trivial increase, almost matching the average quarterly increase in the covid surge between mid-2020 and mid- 2022. And it is the first time since mid-2022 that prices have increased quarter-on-quarter."
Ronan Lyons economist at Trinity College Dublin.

Commenting on the report, its author Ronan Lyons, economist at Trinity College Dublin, said: “The change in market conditions over the last 12 months is clear from the figures in this latest report. A year ago, double-digit inflation in housing prices was still prevalent across much of the country. Now, very few markets are seeing prices more than a percentage point or two higher than a year ago – and those increases largely reflect increases seen March-June last year.

But while demand has weakened, the post-covid recovery in supply also appears to be weakening, in both new and second-hand segments. Thus, while this year is unlikely to bring any substantial increases in housing prices, underlying issues stemming from housing shortages will persist.”

Average list price and year-on-year change – major cities, Q2 2023

Dublin City: €424,732 – down 0.6%
Cork City: €320,793 – down 3.3%
Galway City: €345,460 – down 2.1%
Limerick City: €253,581 – up 1.1%
Waterford City: €225,967 – down 0.5%
Rest of the country: €260,905 – down 0.2%

Daft House Price Report NOVEMBER 2022

Wed, 30 Nov 2022 17:34:31 GMT

Daft House Price Report SEPTEMBER 2022

EXTREME SHORTAGE OF RENTAL HOMES BRINGS RECORD INCREA SES IN RENTS

Our latest Daft.ie Rental Report which shows that:

Market rents in the third quarter of 2022 were an average of 14.1% higher than the same period a year earlier. The average market rent nationwide between July and September was €1,698 per month, up 4.3% on the second quarter of the year and 120% above the low of €765 per month seen in late 2011.
The annual inflation rate of 14.1% nationally is the highest ever recorded in the Daft.ie Report since its launch in 2006, with the quarter-on-quarter increase also a new series high.
Nationwide, there were just 1,087 homes available to rent on November 1st, down one quarter on the same date a year ago and roughly quarter the average level of availability during 2015-2019.

Market rents in the third quarter of 2022 were an average of 14.1% higher than the same period a year earlier, as availability of rental homes remained near reached an all-time low, according to the latest Daft.ie Rental Report Q3 2022. The average market rent nationwide between July and September was €1,688 per month, up 4.3% on the second quarter of the year and 120% above the low of €765 per month seen in late 2011. The annual inflation rate of 14.1% nationally is the highest ever recorded in the Daft.ie Report since its launch in 2006, with the quarter-on-quarter increase also a new series high. The rate of inflation in Dublin was 14.3% while in Cork city, the annual change in market rents was 12.1%, in both cases higher than three months ago. The rate of inflation in the three other principal cities – Galway, Limerick and Waterford – was higher again, ranging from 16.4% in Galway to 17.4% in Waterford. Outside the cities, the average annual increase in market rents was 13.8%. Once again, the increase in market rents around the country is driven extraordinary shortages in the availability of rental accommodation. Nationwide, there were just 1,087 homes available to rent on November 1st, down one quarter on the same date a year ago and roughly quarter the average level of availability during 2015-2019. The latest report also includes an index of rents paid by sitting tenants, rather than movers, using a bespoke survey of tenants. It shows that, on average, rents paid by sitting tenants have increased by 2.5% on average over the last twelve months. Since the introduction of Rent Pressure Zones in 2016, rents of sitting tenants have increased by 17% on average, compared to an average increase in open-market rents of nearly 75% over the same period.

Commenting on the report, Ronan Lyons, Associate Professor of Economics at Trinity College Dublin and author of the Daft Report, said: “Over the past 20 years, the best predictor of future changes in rents is the number of homes available at any particular point in time. As that has collapsed over the past 18 months, it was apparent that there would be significant upward pressure on rents all across the country. This has been confirmed in these latest figures, which show record quarterly and annual increases in market rents, despite rents already being at very high levels. Government policy recognised a few years ago that supply of new rental homes was critical to addressing the shortage. However, there are signs that the government plans to scrap the build-to-rent planning classification. The BTR system had helped generate a pipeline of tens of thousands of new rental homes that are now coming on stream and represent the best hope for alleviating the chronic shortages in the rental market. If the BTR system is to go, policymakers must have a clear plan on how tens of thousands of new rental homes will be delivered this decade in all major towns and cities.”

Average rents, and year-on-year change, 2022 Q3

Dublin: €2,258, up 14.3% year-on-year
Cork city: €1,708, up 12.1%
Galway city: €1,713, up 16.4%
Limerick city: €1,604, up 17.1%
Waterford city: €1,357, up 17.4%
Rest of the country: €1,318, up 13.8%

PROPERTY NEWS

Mon, 24 Oct 2022 14:57:40 GMT

Additional Tax Measures for 2023

A new rent tax credit of €500 per year for taxpayers who are paying rent on their principal private residence
Enhanced pre-letting expenses regime for landlords, increasing the amount that may be claimed per premises to €10,000
Reduction in the period for which premises must be vacant from twelve to six months
Vacant Homes Tax will be charged at a rate equal to three times the property’s existing basic Local Property Tax rate

Daft House Price Report SEPTEMBER 2022

Mon, 24 Oct 2022 09:24:31 GMT

Daft House Price Report SEPTEMBER 2022

Average list price and year-on-year change – major cities, Q3 2022

Dublin City: €427,158 – up 6.4%
Cork City: €332,125 – up 7.6%
Galway City: €354,569 – up 11.6%
Limerick City: €251,448 – up 8.9%

HOUSING PRICES STABLE IN THIRD QUARTER OF 2022

Housing prices were largely stable between June and September in Q3 of 2022.
The average listed price nationwide in the third quarter of 2022 was €311,514, up 0.1% on the average for the second quarter of the year.
Due to increases in recent quarters, year-on-year inflation remains high at 7.7%, although this is down from 9.2% three months ago.
The number of homes available to buy on September 1st stood at nearly 15,500, up 22% on the same date last year and the highest total nationally in almost two years.

Housing prices were largely stable between June and September, according to the latest Daft.ie Sales Report released today by Ireland’s largest property website, daft.ie . The average listed price nationwide in the third quarter of 2022 was €311,514, up 0.1% on the average for the second quarter of the year and 16% below the Celtic Tiger peak. Due to increases in recent quarters, year-on-year inflation remains high at 7.7%, although this is down from 9.2% three months ago.

The number of homes available to buy on September 1st stood at nearly 15,500, up 22% on the same date last year and the highest total nationally in almost two years. The increase in availability on the market is driven by Dublin (where it is up 30% year-on-year) and the rest of Leinster (up 40%), although stock on the market is also higher than a year ago in Munster (up 8%) and Connacht-Ulster (up 15%).

The number of homes available to buy on September 1st stood at nearly 15,500, up 22% on the same date last year and the highest total nationally in almost two years.

SELLING YOUR PROPERTY

Mon, 17 Oct 2022 14:05:06 GMT

Summary of our Step by Step Guide to Selling your property

Step 1 – Make an appointment with Buckley Estate Agents by calling 01 5200523

This is a no obligation, free appraisal of your property. We will visit your property to find out the current market value of your house.

Guiding you through all the aspects of selling your property and how we will achieve the best possible price for you. Discussing our planned marketing campaign specifically tailored to your property

Step 2 – Choose an Estate Agent and a Solicitor,

Ensure your property agent has a PSRA licence. A property service agreement will be signed with your estate agent. When choosing a solicitor they should have a history of conveyancing and agree your fee’s in advance.

Step 3 - We can help and advise you on how best to assemble all your documents needed for the sale of your property.

These may include:

Certificates of compliance & Planninng permission
Building Energy Rating, BER Certs
Land Registry Map
LPT & NPPR receipts
Management fees

Step 4 – Preparing your Property “For Sale” as first impressions really count.

We can advise on decluttering and we have many tips on how to make your home look it’s very best

STEP 5 - VIEWINGS, OFFERS & NEGOTIATING

We will keep you updated on all interest shown in your property and feedback following every viewing and offer’s received. Using our market knowledge we will advise on whether it is a good offer whether there maybe room to negotiate

STEP 6 – AGREE TO SELL

Once an agreement has been reached and you have accepted an offer, your property will go sale agreed. We will receive a booking deposit. Solicitors will be notified. Contracts will be drafted, queries answered, surveyors will be appointed.

STEP 7- SALE COMPLETION

The sale is formally completed when all the legal documents between the buyer and seller have been signed and full ownership is transferred to the buyer. The sale will close and funds will be transferred.

RENTING YOUR PROPERTY

Mon, 12 Sep 2022 14:59:13 GMT

Landlords Rights and Responsibilities

Whether you are a landlord letting out accommodation or a tenant renting accommodation, you both have rights and responsibilities which are set out under legislation.

Landlord Responsibilities

Register their tenancy within one month of the start of the tenancy. You can register online .
Provide tenants with a receipt or statement or rent book that acknowledges payments made for rent and any other payments (e.g. utilities) received by the landlord
Make sure the property is in good condition
Maintain the property to the standard it was in at the start of the tenancy.
Reimburse the tenants for any repairs they carried out on the structure that they requested with the landlord which the landlord did not carry out within a reasonable time
Insure the property
Pay property taxes and any other charges that the tenant is not responsible for
Provide the tenant with contact details (or for the agent working on the landlords behalf)
Give the tenant a written notice of termination at the end of the tenancy (sample notices can be found here )
Return the tenants deposit promptly at the end of the tenancy, unless lawfully withheld. A landlord can deduct any rent arrears, outstanding bills, or the cost of damages in excess of normal wear and tear to the accommodation. If a tenant terminates a tenancy early, a landlord can deduct for losses incurred.
Schedule a property inspection. Landlords are encouraged to carry out regular inspections of their properties
Make sure there are refuse bins available for the tenant

SOURCE: https://www.rtb.ie/beginning-a-tenancy/rights-and-responsibilities

RTB FAQ’S

Tue, 05 Jul 2022 14:56:26 GMT

Notice Periods

From 6 July 2022, when a landlord wishes to end a tenancy, there are new notice periods that the landlord must provide a tenant (outlined below). The new notice periods only apply to tenancies that are less than 3 years old. There has been no change to the notice periods for tenancies that are greater than 7 years old. The amount of notice required to end a tenancy depends on how long the tenant has lived in the property. The law sets out minimum notice periods which are different for a landlord and a tenant. The minimum requirement is 90-days for a tenancy that is less than 6 months in duration. Please note that “duration” refers to the total period of time in which a tenant has been living in the dwelling i.e. from the commencement date of the tenancy up to and including the date on which the Notice of Termination is served.

Less than 6 months - 90 days
Not less than 6 months but less than one year- 152 days
Not less than 1 year but less than 7 years - 180 days
Not less than 7 years but less than 8 years - 196 days
Not less than 8 years - 224 days

Source

https://www.rtb.ie/ending-a-tenancy/notices-of-termination