Fianna Fáil TD for Offaly, Deputy Tony McCormack, has said that a 43pc fall in Notices of Termination is an encouraging sign for renters and families, as new figures also show the number of registered tenancies continuing to grow.

The latest Residential Tenancies Board figures show 4,031 Notices of Termination were received during the second quarter of 2026, down 42.9pc on the previous quarter and 14.7pc on the same period last year.

Registered tenancies across the private rental, cost rental and Approved Housing Body sectors have also increased by 4.3pc over the past year to 306,313.

“These are important figures. A Notice of Termination can be an incredibly worrying moment for an individual or family, particularly when it can be so difficult to find another home,” Deputy McCormack told the Irish Independent in a statement.

“A fall of almost 43pc in just three months is therefore very welcome. We also need to remember that the unusually high number of notices in the first quarter caused considerable concern. These latest figures suggest that spike was temporary rather than the beginning of a sustained trend,” he said.

“Just as importantly, we now have more than 306,000 registered tenancies, an increase of 4.3pc in a year. We need landlords to remain in the market and we need to attract investment in new rental homes, while at the same time giving tenants much greater security.”

Deputy McCormack said there was no room for complacency on rents, with the average rent for new tenancies increasing by 9.1pc over the year.

“Rents are still too high. I am not going to dress up a 9.1pc increase for somebody trying to find a new rental home as good news. It isn’t,” the Deputy argued.

“But the full picture matters too. For existing tenants, annual rent growth was 4.2pc, the lowest year-on-year increase since the RTB Rent Index began in 2007

“The reforms introduced by Minister James Browne are designed to protect tenants, restrict no-fault evictions and give people greater security in their homes, while also supporting the rental supply we desperately need.”

Deputy McCormack said increasing housing supply remains the only sustainable long-term solution.

“We can introduce protections and regulations, and they are important, but ultimately we have to build our way out of this housing crisis,” he stated.

“Almost 19,000 new homes were commenced in the first seven months of this year, up 152% on the same period last year. We also had 16,679 homes completed in the first half of 2026, the highest first-half figure on record.

“That momentum has to continue. We need social homes, affordable homes, private homes to buy and more homes to rent.

“The latest RTB figures contain some genuinely encouraging signs, but nobody in Government should be declaring victory. The job now is to keep increasing supply so that greater choice and competition can bring down the pressure on renters and make housing more affordable,” the Deputy finished.