The average price increase doesn't mean real increase sometimes. 9 N2 q# l8 {3 p ' x+ e; L3 g/ p( _8 m0 D( g# jThe 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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. 5 I. j( l9 K$ B2 ~6 v. B. [( c9 [! G N$ n1 z3 c! t http://www.bobtruman.com/7_Day_Stats/page_1770845.html/ \3 c" z+ A0 k( [" s, A
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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.