The cost of renting in Dublin is down slightly for the first time since pressure zones were introduced. A quarterly report from the Residential Tenancies Boards is the first since the introduction of rent pressure zones.
Rents in Dublin and surrounding commuter counties are among the highest compared to the national average However in it's latest index overall rents in Dublin dropped for 1.5 percent
It's driven primarily by a fall in the cost of renting apartments. Renting houses continue to rise although by just.1 percent.
The findings show the rate of increase is moderating however the Tenancies Board says its too early to tell if it will continue.