Labour spokesperson Jan O'sullivan said the government needs to tackle the housing crisis following the latest report from Daft.ie showing house prices are increasing by a daily average rate of €50.
She said: "This staggering increase in house prices yet again shows that we are in a state of emergency when it comes to the housing market.
"Going by the figures from Daft, house prices are now going up every month by a minimum of €1,000, which can only come as depressing news for those desperately trying to afford a home.
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"It is quite clear that any strategy to tackle this crisis must include a national Affordable Housing Scheme. We have heard mutterings from Government on this over the past year but as yet, no concrete plans.
"With supply at an all-time low, the State needs pick up the slack from where private developers have failed. There are simply not enough homes being built.
"In NAMA, we have an existing body with the resources and expertise to drive the development of affordable housing.
"We do know there are thousands of vacant sites and properties dotted around the country which could be utilised.
"The information that the vast majority of sites that NAMA sold are still lying idle while the housing crisis deepens makes it all the more urgent to take measures to stop land hoarding, including the implementation of the Kenny Report recommendations that were included in the Labour Party Housing Bill voted down by the Government a year ago."
(CD/LM)
