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.
"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."