Galway Rents Surge 18% in Q1

Rents in Galway are skyrocketing—with a nearly 18% jump in Q1 2024, pushing two-bedroom averages to €2,290. Nationwide, prices rose 4.4% in just three months, the biggest quarterly surge since 2022, with two-bedrooms now averaging over €2,100—80% higher than a decade ago. Despite a slight uptick in listings, availability remains critically low, down from over 4,000 pre-pandemic to just under 2,500. Experts speculate landlords may be pre-emptively hiking prices ahead of new rent controls, leaving renters scrambling in a market still reeling from recent upheavals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2cd85ff8735910ec