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.
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One of them, from MyHome.ie, has warned today that we could see double-digit price inflation by the end of 2017.
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:
