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Jessica Darnbrough
Constant rumours that Australia is in the midst of a housing bubble have been silenced by RP Data.
Speaking to Real Estate Business yesterday, RP Data's research analyst Cameron Kusher said there was no data to suggest Australia is in a housing bubble.
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"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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