Interestingly, the townhome market is Kits was quite a bit different from the condo market. We see a big 42% jump in sales over July 2012, with a slight decrease compared to last month. Average prices dropped about 15%, which equates to almost $200k. Month to month a big price drop isn’t alarming, however we’ll keep our eye on this market. This month the best performing market was the $600k to $1-million market with a good number of sales (whereas last month the best performing market was the $1-million plus). With almost all listings being at least 2 bedrooms, there will always be interest from families looking for extra bedrooms and the feeling of living a house rather than a condo.