The Central Bank is expected to relax its mortgage lending rules to allow home buyers borrow up to four times their salary.
The regulator introduced Loan-to-Income limits in 2015, which restricted the amount of money someone can borrow to a maximum of 3.5 times of their gross income.
The current rules were brought in with the aim of avoiding a repeat of the property bubble and subsequent financial crash in 2008. The Central Bank says the "measures are designed to ensure that banks and other lenders lend money sensibly".
The banking regulator reviews its rules on an annual basis. It's thought rising interest rates for some new mortgage products have led to the Central Bank's decision to loosen its lending rules.