The average price increase doesn't mean real increase sometimes.4 x) w* V1 {, N, ]' B: x) G( X7 Z
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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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.9 q; D3 A4 S; ?: R' F; y5 i
9 F* M4 @6 c: s5 ^ u2 Whttp://www.bobtruman.com/7_Day_Stats/page_1770845.html 0 x$ o3 W5 d5 r& z* |! t! T ( `4 z0 d' Q' j3 c4 D8 ?1 ]9 I3 GThe 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.