The average price increase doesn't mean real increase sometimes. & ]! b2 M K- f& `# n. Q1 E! S6 s 0 d& e) j: r9 UThe 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. % { M4 L- b4 p/ d% Z U* v0 n: s" r7 f3 u1 N3 m- g: U http://www.bobtruman.com/7_Day_Stats/page_1770845.html . T. N2 U6 o: ^4 C/ t, {8 H+ d# S! q! M& ]6 G+ C
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.