Rental Market Calms Amid Rising Costs | Limerick News

Rental market cooling down? Eviction notices dropped 43% in Q2 as new tenant protections take effect—landlords aren’t fleeing en masse, and existing renters are seeing gentler hikes. New leases? Still soaring—national average up 9% to $1,839, with Galway hitting $2,000 for the first time. But if you’re already locked in? Your rent only rose 4%. And overall tenancies are growing thanks to cost rental and other housing options. Big changes loom: starting Sept 14, the Residential Tenancies Board gets new powers to fine landlords for non-compliance—and stricter rules on rent hikes and terminations. Listen in comfort:Get a discount on a Soli Pillow: http://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/d3ecb78865cb7c05