The average price increase doesn't mean real increase sometimes.9 y# Z- C! Q E I, O: d' N; `* C
3 w6 P' m# p; _* }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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.4 v9 t9 j/ [0 A
0 E. q$ j, E: d. B- ?! `4 {; S% m/ _. Z http://www.bobtruman.com/7_Day_Stats/page_1770845.html$ C& W E$ b" c1 u4 `
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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.