There were less than 300 homes available to rent in Dublin on the first day of August, according to figures from property website Daft.ie.
The data showed that only 716 properties were available on the website nationwide on August 1, beating a previous low of 851 properties reported in May. The most recent report published by Daft.ie further revealed that rents went up by the fastest rate on record in the second quarter of this year.
“We can put this figure into perspective by contrasting it with the number of homes available to rent on the same date in the late 2010s," Ronan Lyons, author of the Daft.ie report and economics professor at Trinity College Dublin, wrote.
