Evictions In Ireland Expected To Surge

A Laois auctioneer says housing costs will continue to climb.

Evictions across Ireland are expected to surge to record levels due to small landlords exiting the rental market in large numbers. 

REA estate agents are reporting nearly half of homes going up for sale are rental properties, driven by new nationwide rent regulations. 

The shortage of family homes is worsening, leaving many tenants unable to secure alternative accommodation. 

Meanwhile, the average price of a three-bed semi-detached house in the midlands has risen 2.7% in three months to €340,000.

Seamus Browne of REA Auctioneers in Portlaoise says despite slowing growth, housing costs will continue to climb as rental supply shrinks further: 

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