Is Blake Lively pregnant again?

They welcomed their second baby only eight months ago, but are Blake Lively and Ryan Reynolds ready to expand their family?

Despite the warmer weather in New York City, Blake was spotted wearing a heavy oversized coat and hiding her stomach with a strategically placed bag while out with her handsome hubby, sending rumours swirling that the couple are expecting their third child already!

The genetically-blessed pair, who wed in 2012, are already proud parents to daughters James, two and eight-month-old Ines. So could more siblings be on the way?

Blake has previously opened up her and Ryan's desire to have more kids, saying they're both "breeders".

"I'm one of five kids. My husband is one of four, so we're officially breeders," the former Gossip Girl star said last year, hinting that more Reynolds babies could be on the way!

And it seems the Deadpool actor is on the same page as his wife, also revealing he would like to add to their ever-growing brood saying, "I would like to have more kids. You know, it seems to suit me pretty well."

The couple managed to keep their kids relatively hidden until Ryan, 40, got a star on the Hollywood Walk of Fame last year and their adorable daughters made their first public appearance!

Meanwhile Blake recently opened up about motherhood and how it has changed her life.

RELATED: Blake reveals her weird 'birth song'
RELATED: Ryan and Blake's gorgeous girls

"I would do anything to protect them," she said about her two girls.

"I would literally die for them without a moment's thought. I mean if you think of what you would do for your child, I don't think there's anything you wouldn't ask [of] yourself."

Time will tell if we'll hear the pitter patter of little feet for Blake and Ryan!

Want more celebrity, entertainment and lifestyle news? Follow Be on Facebook, Twitter, Pinterest, Tumblr and Instagram