A new report shows property prices have increased by 9.5% in the past year.
Data published by property website, Daft.ie, shows the average asking price for home in the past 12 months was almost €312,000.
In Cork asking prices are 9.4% higher than last year at €330,871, while the average asking price in Dublin city was just over €429,000
Prices increased more sharply outside of Dublin, with an average rise of 13 percent in Galway city in the past year.
But Economist at Trinity College Dublin and author of the Daft report, Ronan Lyons, says prices aren't going up as quickly outside of Dublin as they were during the pandemic.
"The gap is still there but it's much narrower.
"So if you look say at Dublin inflation in Dublin is about 6.6% year on year in Cork, it's 9.4%., In the rest of Munster it's 10.4%. So that gap between Cork City and Munster outside the cities is very small.
"It's still the case if you look at Connacht, Ulster, outside of Galway that inflation there's almost 16% year on year so a big gap between say there and Dublin."
