The average price increase doesn't mean real increase sometimes. i; H' p D* ~
+ s* H; b- f: ~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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.; M1 u4 t( \5 V4 H+ D; S" e
7 v4 o0 p$ d/ ]& u8 [) P http://www.bobtruman.com/7_Day_Stats/page_1770845.html . L: P/ q. o5 I4 ^: ^6 N$ ]0 d. T+ G
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.