New figures from the Central Statistics Office show that residential property prices grew by 9.6% in the year to July - their highest growth rate in 21 months.
The CSO said the national residential property price index is now 12% above the April 2007 peak of the country's last property boom.
Today's CSO figures show that property prices in Dublin were up by 10.3%, with prices outside Dublin rising by 9.1%.
House prices in Dublin grew by 10.9% while apartment prices increased by 8% in the 12 months to July.
The CSO noted that the highest house price growth in Dublin was in South Dublin at 12.1% while Dún Laoghaire-Rathdown saw a rise of 8.3%.
Outside Dublin, house prices increased by 9%, with apartment prices up by 10.6%.
The region outside of Dublin with the biggest hike in house prices was the Mid-West (Clare, Limerick, and Tipperary) at 13.4%, while at the other end of the scale, the South-East (Carlow, Kilkenny, Waterford, and Wexford) saw a 6.1% rise.
Today's CSO figures show that the median or mid-point price of a home stood at €340,000 in the 12 months to July.
Annual house price growth accelerates to 9.6% in July
New figures from the Central Statistics Office show that residential property prices grew by 9.6% in the year to July - their highest growth rate in 21 months.
