The average price increase doesn't mean real increase sometimes.- Z, T& n1 _4 }2 ~& I4 R6 P0 o
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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.* m% X2 w; M m
: `& w4 B2 M! O* S) f/ U# A% AThe 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.