Well, it kind of looks like it. The Calgary Real Estate Board just posted today the decrease in apartment and townhouse market. Why is this happening? The tenants of these properties are buying homes. They are leaping from being tenants to homeowners. Did I see this coming? Yes. And if you are thinking of selling your condo, I strongly suggest using our $3,995 + gst buy and sell fee. As the vaue of your condo decreases before your very eyes, you can still save a lot of your equity by using our lucrative buy and sell commission and still be able to get into a house with your 5% downpayment. How long will this downward trend last? I estimate for the next several years. In fact, as long as new starter homes are being built, we will continue to see this trend last. And I mean years. The only thing that will curtail the downward trend is if Alberta separates and speculation causes the housing prices to soar (which I believe would happen if Alberta separates) or if the Bank of Canada lowers (substantially) its key interest rate. I don't see this happening for a while yet. So hang on for a bumpy ride, if you own a condo or townhome. Or get out now.Well, it kind of looks like it. The Calgary Real Estate Board just posted today the decrease in apartment and townhouse market. Why is this happening? The tenants of these properties are buying homes. They are leaping from being tenants to homeowners. Did I see this coming? Yes. And if you are thinking of selling your condo, I strongly suggest using our $3,995 + gst buy and sell fee. As the vaue of your condo decreases before your very eyes, you can still save a lot of your equity by using our lucrative buy and sell commission and still be able to get into a house with your 5% downpayment. How long will this downward trend last? I estimate for the next several years. In fact, as long as new starter homes are being built, we will continue to see this trend last. And I mean years. The only thing that will curtail the downward trend is if Alberta separates and speculation causes the housing prices to soar (which I believe would happen if Alberta separates) or if the Bank of Canada lowers (substantially) its key interest rate. I don't see this happening for a while yet. So hang on for a bumpy ride, if you own a condo or townhome. Or get out now.