Housing prices in Canada are a total bummer to most young people, and condo prices aren't all that much better. However, that could be changing in some cities. Condo Prices in Toronto and Ottawa may be on the rise, but in cities like Vancouver and Calgary, they are starting to drop.\nAccording to data from Royal LePage, condo prices in Vancouver saw a steep decline of 8.1 percent, dropping the average price per square foot to $764. "Higher inventory levels have resulted in the market nearing the point of oversupply and price per square foot has been decreasing considerably in this category," said Adil Dinani, real estate advisor, Royal LePage West Real Estate Services in a statement from the company.\nView this post on Instagram Jameson House 838 W Hastings Developer : @bosaproperties Architect : Foster + Partners Floors : 37 storey Units in Development : 138 Residential homes Completion : 2011 . . . . . . . . . . #vancouver #milliondollarlisting #investment #realestate #unique #luxury #newhome #architect #architecture #home #property #archdaily #design #building #project #development #luxuryhomes #modern #lifestyle #business #goals #hustle #millionaire #success #inspiration #vancouvercondos A post shared by Vancouver Condos (@vancouvercondominiums) on Mar 15, 2019 at 10:19am PDT\nDon't get too excited to move out to the west coast, though. Vancouver still has the highest median price per square foot out of any Canadian city.\nNot far behind Vancouver, however, is Toronto. Condos in the GTA saw a marked increase in price, rising 9.1 percent to $743 per square foot. This is due to the high demand but low supply of condominiums throughout the area. Despite the city and its surrounding area becoming infamous for rising housing prices, it was actually beat out by another Ontario city: Ottawa.\nView this post on Instagram New Listing - 3811 - 777 Richards street, Vancouver B.C . $2,180,000 CAD | 920 INDOOR SQ FT | 1,025 OUTDOOR SQ FT | 2 BED | 2 BATH . . Sleek and modern 38th floor corner suite with over 1,000 S.F of PRIVATE PATIO over looking the city, ocean and mountains in the heart of Vancouver’s most desirable building Telus Garden. Functional laid out 2 bdrm, 2 bath with 920 SF of exceptionally utilized interior space, bamboo H/W floors, gourmet kitchen & top quality finishes, designer Miele appliances, separate private bedrooms surrounded by breathtaking city views. A premium suite meticulously kept by the owner. Outdoor swimming pool & dog park, state of the art gym & sauna, & 24 hrs concierge, 2 private parking stalls are included. Located steps from several award winning restaurants and minutes from every amenity imaginable is what downtown living is all about . . . . . . . #telusgarden #luxuryliving #vancouverrealestate #vancouverrealtor #dailyhivevancouver #yvrrealtor #yvr #luxurycondo #viewcondo #expansivecondo #realtor #vancouver #hotelgeorgia #luxuryrealestate #amzaleg #vancouvercondos #vancouverdowntown #vancity #coalhourbour #harborgreen #fairmontpacificrim #shangrilavancouver #vancouverhouse #albernibykuma #realtorlife #realestate #penthouse #waterviews A post shared by Ben Amzaleg (@ben.amzaleg) on Oct 3, 2018 at 4:22pm PDT\nThe nation's capital saw its condominium prices rise faster than any other market in Canada. A rise of 17.9 percent put the average price per square foot at $395. That's far less expensive than Toronto or Vancouver, but rising fast. "We are seeing significant interest in Ottawa’s south and west ends from residents working in the nearby military and technology hubs," said Kent Browne, broker and owner, Royal LePage TEAM Realty in a statement.\nLuckily for first time home buyers, another Canadian city is seeing a drop in condo prices: Calgary. Their price per square foot dropped to $313 in 2019, a 6.4 percent decrease from last year.\nView this post on Instagram C I T Y L I G H T S 🌃 Purchase opportunity Details tomorrow Arriva tower C4264401 . . . #yyc #calgary #yycphotography #yycphotographer #calgaryphotographer #calgaryphotography #dusk #citylights #calgarylife #calgarybuzz #calgaryatnight #yycatnight #yycnow #yycdowntown #yyclife #yyclifesyle #yycliving #yyctoday #yychomes #yyccondos #calgarycondos @dailyhivecalgary @yycnow @tourismcalgary @curiocitycalgary A post shared by Joel Gwillim Ⓥ (@joelgwillim) on Aug 21, 2019 at 7:09pm PDT\n"The price per square foot gap of a condo and a detached home in Calgary is minimal but the condo’s smaller square footage means a more affordable price point," said Royal LePage Benchmark realtor Dawn Maser in a statement, "However, it’s not just about affordability. Condo buyers are attracted to a low maintenance lifestyle and amenities."\nIt may still be expensive to buy a condo in certain big cities, but market fluctuations, high demand, low supply, and other market factors may make it more affordable in some places across the country.\nDisclaimer: Cover photo used for illustrative purposes only.\nThere are stories everywhere. If you spot a newsworthy event in your city, send us a message, photo, or video @NarcityCanada on Twitter and Instagram.