The bull market in apartment properties may peak around 2017 to 2018. Some analysts think it will peak sooner. We have had a period of remarkable rising prices in real estate. Many of us have mistakenly assumed that home prices always go up. The days of home prices growing fasters than incomes are probably numbered. It’s likely we will not see this phenomenon repeated. The story is simple, the demographics of an ageing population and more people dying than buying homes. This view considers a long term perspective on the economy and real estate. Meanwhile present market conditions continue to be bullish.