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ABC News
ABC News
Business
By Paige Cockburn and data journalist Catherine Hanrahan

Why Sydney property prices could be about to rise again

Sydney RBA Tim Lawless CoreLogic Housing Market
The Reserve Bank's decision to keep rates on hold followed an uptick in Sydney property prices. (AAP: Melanie Foster)

Sydney property prices are up again after 10 months of falls, and yesterday's interest rate pause could push them higher, economists say.

Yesterday's decision by the Reserve Bank of Australia (RBA) to keep the cash rate at 3.6 per cent after 10 consecutive hikes would have come as welcome news for borrowers.

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