Dublin’s rental market feels the heat from ongoing housing crisis

November 2018

Dublin’s rental market feels the heat from ongoing housing crisis

Residential property prices reach highest level since end 2008

The number of people employed in Dublin is now at the highest level in the past 20 years. In Q2 2018 there were 697,900 people employed in the capital, an increase of 45,700 in the year with some 200,000 jobs added since Q2 1998. Similarly, the unemployment rate in the city is the lowest recorded since the end of 2007.

On a seasonally-adjusted basis the rate of unemployment in Dublin was 5.2% in Q2 2018. Employment growth in the construction sector has slowed marginally in Q2 (+6.1% YoY) compared to double digit annual growth in eight of the last nine quarters.

Read more in our November 20018 issue of the Dublin Economic Monitor.

The special articles this quarter include one from John Fitzgerald, an adjunct professor in both TCD and
DCU, discussing the impact of Climate Change for the region. While Paul Reid, Chief Executive of Fingal
County Council change to discussing the work they have been doing on identifying and responding to the future requirement of skills in their area.

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