### Comment:
Its not just condos in calgary. Houses too. People were buying during that frenzy a couple years back and now the price of the market is 20-30% lower in many areas then when they bought and they wont sell at old prices.  
  
 Couple houses in my area been for sale for 2 years+ right now and theyre asking for like 70k more than what its currently worth.  
  
 Anyone i know under 40 who bought a house hates life right now, while renters are laughing.

### REPLY:
If condo prices go up, then the house prices naturally should go higher. If condo prices start declining so will house prices.

### END.