Interest Rates and the Sydney Housing Market

This week the Reserve Bank decided to keep interest rates on hold as global conditions continued to improve, according to Governor Phillip Lowe.

However, in his statement on Wednesday the Governor also noted rising household indebtedness around the country.

So what does this week’s decision mean for the Sydney housing market?

To answer this question and more, 2ser’s The Daily spoke to Steve Mann, National CEO of the Urban Development Institute of Australia.