The average price increase doesn't mean real increase sometimes. % q# H2 [. W0 Q. Z# L6 G' T$ T! G5 R0 M0 n
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.; W# R* n& R5 z
6 H* V2 z' h3 `http://www.bobtruman.com/7_Day_Stats/page_1770845.html # s! |( s$ f. q% y) e 4 F7 t! t- \4 q# z- k7 N; OThe 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.