RBA alert to ongoing housing risks

Sydney skyline

The Reserve Bank of Australia (RBA) remains on alert over the housing and mortgage markets as investor demand continues to drive "rapid" house price growth in some parts of the country.

In its latest financial stability review, released today, the RBA says housing lending standards have not deteriorated in any material way, though it remains concerned about the high levels of investor demand.

"Ongoing strong speculative demand would tend to amplify the run-up in housing prices and increase the

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