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The European Central Bank cut interest rates with more cuts to follow. This will inflate property prices further.
Today we cut our key interest rate by 0.25 percentage points.
We are doing this because inflation is developing broadly as we expected and is on track to settle at around our 2% target.
Read more https://www.ecb.europa.eu/press/press_conference/visual-mps/2025/html/mopo_statement_explained_january.en.html
Rents in Ireland continue to increase due to chronic under supply of housing. This will only continue as latest reports suggest housing output is actually falling!
The average rent for new tenancies in Ireland has grown to over €1,600
The number of private landlords has surpassed 100,000.
www.thejournal.ie