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Rents edge up in June as house prices fall

Renting a home continued to cost more in June while house prices declined despite a substantial increase in activity in the property market last month, according to a report from property website Daft.ie.

Rents rose just 0.2 per cent in the 12 months to June with the average monthly listed rent now €1,402.

The price of homes to buy was 3.3 per cent lower in June than the same month a year ago, a reversal from a marginal gain in May. The average listed sale price across the State is €253,868.

Read the full details in the Irish Times

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