The Central Bank will outline its plans to calm the property market today.
The proposals are expected to limit the amount of money banks can lend for mortgages, including loan-to-value limits, and loan-to-income caps
It comes a day after figures showed a 14 per cent annual jump in asking prices around the country, and a 25 per cent increase in Dublin.
A period of public consultation will take place, and it's thought the new rules will take effect in the new year.