Rentals above pre-pandemic levels – report
Rentals in Ireland rose by 11.2% in the year to May 2022, still well above pre-pandemic levels. However, double-digit inflation and sharp price gains are set to give way to greater concerns on affordability, the economic outlook and the impact of the ECB raising interest rates, according to Conall MacCoille, Chief Economist at Davy. And based on anecdotal evidence from estate agents, he expects price inflation to slow in the…