The Sligo Champion

Nationwide report shows rent increases

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The Census 2016 results show that individual­s countrywid­e are now leaving it later to purchase their own homes.

Sligo has followed that trend. The overall home ownership rate dropped from 69.7% in 2011 to 67.6% in 2016. Results show that renting is more common than owning a home before the age of 35.

It will come as no surprise that the Census has reported an increase of 16.8% in the average weekly rent paid to private landlord.

The highest growth in rent was in Dublin City with increased by almost 30%, while Dun- Laoghaire- Rathdown, Final, South Dublin and Kildare also recorded increases in excess of 20%.

The 2016 Census has found that there was a 15% drop in the number of all vacant dwellings ( including holiday homes).

Of the vacant homes in 2016, 62,148 were holiday homes, leaving 183,312 other homes vacant.

Blacklion in Cavan had the highest vacancy rate ( 46.4%), followed by Keshcarrig­an in Leitrim and Kilgarvan in Kerry.

Among larger towns ( population of 10,000 or more) Letterkenn­y ( 14.9%), Longford ( 14.6%) and Ballina ( 14.3%) ranked highest in terms of vacancy.

There were 95,013 per permanent households in 2016 with more persons living there than there were rooms.

Deirdre Cullen, Senior Statistici­an explained: “In recognitio­n of the demand from users and society in general, for a better understand­ing of housing in Ireland, the Central Statistics Office has prioritise­d the housing release as its first thematic report from Census 2016.

“We believe this report provides a clear picture of some of the main developmen­ts in the Irish housing landscape over the past five years, including new analysis of vacant properties such as type of dwelling and distance to the nearest town.

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