Speaking to the Irish Times' Colin Gleeson, Professor Ronan Lyons said:
For landlords whose rents had been constrained by earlier rules, this represents an opportunity to realign rents with prevailing market conditions. The scale of the increase suggests this opportunity has been taken up widely, where tenancies have recently turned over.
The report also showed that there were 2,374 homes available to rent nationwide by May 1st. This represents a reduction of 4 per cent from a year previous.