The average price increase doesn't mean real increase sometimes. # Z, o2 N( ]& @* H+ ?; ^' L5 F# O. F; c1 O2 C+ F. @3 ^& ]
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./ ` \) C& V4 D( ]1 h9 [
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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.