RBA’s Debelle: Do not see too much upward pressure on house prices

Further comments are crossing the wires from the Reserve Bank of Australia (RBA) Deputy Governor, as he now responds to the Q&A session following his speech titled “Monetary Policy in 2020”.

Key quotes

“Slower population growth a drag on apartment prices, rents.”

“Market for detached homes is doing well, but do not see too much upward pressure on prices.”