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Tue 08 Aug 2009Rents drop 17% over 12 months
RENTS HAVE dropped by an average of 17 per cent over the past 12 months, with a record number of available rental properties bringing the average national rent down to €800, according to property website Daft.ie.
The Daft.ie rental survey for the second quarter of 2009 shows that rents across all major cities continued to plummet, with the supply of properties to rent peaking in July.
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