It's been 2 months. Certianly not a worthwhile time horizon to judge this investment over.

The apartment I bought 3.5 years ago is worth less than when I purchased. But buying an apartment if you plan to sell after 3.5 years is nuts. I'm confident it'll be worth more than I bough 7 or so years from now.

Also, 3.5 years ago, interest rates were significantly lower. I hadn't taken the opportunity to buy when I did, getting into the market would cost me much more and my eventual returns would be much lower.