The average price increase doesn't mean real increase sometimes. 9 Q9 w% R* I- Z9 p& p/ u6 C0 \4 f; j& R. m# O" F$ w# L; d
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.7 A9 k5 G+ D" W: |' Z6 l$ K) s* y8 h
' @, p% n" B4 D1 D8 X9 p$ r http://www.bobtruman.com/7_Day_Stats/page_1770845.html * ~" _/ p; T0 V$ P7 F. J, ]; V' D$ \9 x, }/ s2 e. Y. v
The 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.