New figures from the Central Statistics Office (CSO) show property prices are on the rise.
In the year to May, residential property prices nationally increased by 11.9%.
This compares with an increase of 10% in the year to April - and an increase of 5.4% in the 12 months to May 2016.
In Dublin, residential prices grew by 11.2% in the year to May.
Dublin house prices increased 11.5%. while apartments increased 8% in the same period.
The residential property price index | Source: CSO
The highest house price growth was in South Dublin, at 12.4%, the lowest was in Fingal with house prices there rising 6.8%.
Residential property prices in the rest of country, excluding Dublin, were 12.8% higher in the year to May.
The south-east region showed the greatest price growth, with house prices increasing 18.6%.
The mid-east region grew the least price growth, with house prices increasing by 8.7%.
Apartment prices in the rest of Ireland increased 20.6% in the same period.
Overall, national prices were 29.5% lower than their highest level in 2007. Dublin property prices are 29.5% lower than their February 2007 peak.
A similar report last month from property website Daft.ie showed the national average list price during the second quarter was €240,000 - 11.7% higher than a year previously and over €75,000 higher than its lowest point.
