Ireland is on course for the steepest increase in property prices since the Celtic Tiger Era.
New figures show prices are set to soar 12% this year.
House prices rose by 6.25% in the first half of this year according to the Institute of Professional Auctioneers and Valuers.
Today's Sunday Independent reports house price inflation could hit double digits for the whole of 2021.
Waterford and Limerick saw prices increase by more than 10% during the first six months of this year - while the average price of a four-bedroomed house increased by 9% in many parts of the country.
The average price of buying a home in Ireland has now risen to €280,629.
Housing Minister Darragh O'Brien told the paper that the figures are not a good result. He said he did not want to see double-digit price increases "that it is not something any state or any property market can sustain".
IPAV Chief Executive Pat Davitt said prolonged house price inflation at these rates can have deeply damaging consequences for individual families and for society at large.
