The Minister for Housing says activity in the housing market is increasing, but not at a sufficient rate to meet the required demand.
It follows the release of two reports in the past 24 hours, showing rising prices around the country.
One of them, from MyHome.ie, has warned today that we could see double-digit price inflation by the end of 2017.
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Minister Simon Coveney says the core problem is a lack of supply.
The reports from Daft.ie and MyHome.ie show growth of close to 10% nationally, while here in Clare the growth in prices is in the region of five-to-six per cent.
Diarmud McMahon from Sherry Fitzgerald McMahon spoke to Clare FM’s Derrick Lynch about house prices:
