Housing stock has dropped with the number of properties for sale here hitting a nine year low, according to the website DAFT.ie.
At less than 24-thousand, it's at its lowest point since February 2007.
The biggest falls in availability are now outside Leinster.
Across Munster, Connacht and Ulster there were 13-and-a-half-thousand homes for sale in April 2016 - compared to 21-thousand just two years previously.
The report indicates that property prices in cities outside of Dublin are rising dramatically, while prices in Dublin have leveled off.
Prices are reportedly rising because the increase in population each month is not being matched by an increase in new homes.
Author of the report, Ronan Lyons, says there's two-tier market emerging:
