The average price increase doesn't mean real increase sometimes. 1 ?, k' C4 i* k/ } . ~& n2 ]8 g& @) n# O( P6 B }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. # m2 m( R3 \( f G3 U 3 C- y$ I; n9 ~/ o& xhttp://www.bobtruman.com/7_Day_Stats/page_1770845.html ! y" `; [! G) f' X6 u& _' U' E. U5 a) a/ n1 H
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.