The average price increase doesn't mean real increase sometimes.- }7 j# `1 L! ~' r/ E
8 L, u& E6 K T6 Q- AThe 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. ( F9 r) k9 `9 u2 D0 }5 W& e0 D6 Y, y1 V: V# d http://www.bobtruman.com/7_Day_Stats/page_1770845.html 8 Q' m% c; h2 |3 o2 M# U4 q9 ]0 N1 U' c1 f& f3 M% u6 E2 o' L! P
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.