The average price increase doesn't mean real increase sometimes. # w% j! v2 p R: T* E% P% w4 Z u$ R. y% ?4 g" w1 J
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.3 V- D' n: Z6 @9 q5 J
# v4 b; G3 N3 k& U% \0 E9 j http://www.bobtruman.com/7_Day_Stats/page_1770845.html % D$ U; _5 ~ J) G$ v& { c- `6 B& d% w1 ~6 R d1 j/ ]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.