The average price increase doesn't mean real increase sometimes.% Z0 Y' W9 f1 f4 h. i- `7 C2 e
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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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. 0 L9 l, f5 t* D) y: o. Q$ b & n" K# T+ z/ L$ Yhttp://www.bobtruman.com/7_Day_Stats/page_1770845.html 9 `( o1 y+ d$ M: h9 j7 N; k4 {8 N& ~
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.