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Rate Of Growth In Rents Has Slowed Down

The latest figures show that nationally the rate of growth for rents in the private sector is slowing down. 

The latest quarterly index from the Residential Tenancies Board, shows rents grew by 8.6 per-cent to March of this year.

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However, that's down from an annual rate of 9.2 per-cent in the final quarter of 2015.

David Duffy, Economist with the ESRI, says that renting a house is becoming more affordable.

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