SYDNEY, Nov 18 (Reuters) - Rising home prices in Australia are not a cause for concern yet because demand is weaker due to slow population growth this year and next, the country's central bank governor, Philip Lowe, said on Wednesday.
"It's certainly possible that low interest rates cause housing prices to rise at an unsustainable rate ... but it's unlikely as the population dynamics have changed," Reserve Bank of Australia's Lowe said in a panel discussion in Sydney.
"It's an issue we are watching carefully but I'm not particularly worried about it at the moment."