The average price increase doesn't mean real increase sometimes. ) L1 T+ a* f% @: e7 I P2 y4 i, V5 l: y" [/ s- y# H# _
The average house price in Calagary has gone up by $10,000 since June 1, 2007. But the average price per square foot has changed from $333 to $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. : @6 @+ v$ H7 \7 ?$ I1 d( m- v6 B& F+ u4 n& V) F! g http://www.bobtruman.com/7_Day_Stats/page_1770845.html 5 t' |2 u# i" \2 L5 c% ~ 7 _1 R# E$ y( O4 `; H* y& mThe average figure doesn't tell you the whole picture of the market. Do your own research to determine the market is going up or down.