The average price increase doesn't mean real increase sometimes.. z' y0 S: {9 b' B& d H0 \) E
' K3 R/ I5 y: W, \" 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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.3 G* ^* r0 j% U2 q8 J7 n/ k
' D, m4 O% k* _: G& } http://www.bobtruman.com/7_Day_Stats/page_1770845.html 6 F- r6 \2 R4 r: s7 } j6 o$ D3 b& ^3 ^# _
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.