No housing bubble: RP Data
03 NOV 2010
2 min read
Hotspots
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.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
"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.”
You need to be a member to post comments. Become a member for free today!