The average price increase doesn't mean real increase sometimes. " P& h* o, a% Y8 ]; J4 Q+ Q+ ]: G1 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. - L7 {0 }8 l2 U& y% l" X5 y; a! {" F 0 P1 h8 _% w! s+ s* {' {http://www.bobtruman.com/7_Day_Stats/page_1770845.html) o4 I4 g& n4 V9 M, ]" Q) Y
$ i! \% P6 L3 Q7 wThe 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.