No housing bubble: RP Data
 
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No housing bubble: RP Data

By webmaster

Constant rumours that Australia is in the midst of a housing bubble have been silenced by RP Data.

Speaking to Smart Property Investment yesterday, RP Data’s research analyst Cameron Kusher said there was no data to suggest Australia is in a housing bubble.

“We enjoyed some pretty strong property price growth over the last 12 months. However, that growth is now plateauing,” Mr Kusher said.

"There is nothing to suggest we are in a housing bubble. In fact, the price growth we are achieving now will be sustainable long term.”

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Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BERKELEY VALE 46.03%
2.
EDGECLIFF 45.06%
3.
PAMBULA 43%
4.
EAST LISMORE 41.38%
5.
SOLDIERS POINT 37.89%
No housing bubble: RP Data
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