The average price increase doesn't mean real increase sometimes. % ?( C- e# S7 o# r p- G5 {8 E# F5 b8 M0 F
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. $ o0 O4 k8 T l+ C0 W. F9 x- ]2 N2 c2 f& S% f http://www.bobtruman.com/7_Day_Stats/page_1770845.html + _6 {$ m, o& x8 ~0 z' R # c4 @ ]: e% f9 C1 tThe 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.