" W1 \5 {' l$ H3 N' u % O4 X! `2 n' K3 IThe picture is not clear. I can only speculate: # b* T n+ s% M2 V# |1. It is the medium home price of Calgary from 1999 - Aug. 2006;$ b, h% L2 O! u1 i
2. Pink color: Home price vs. time;1 T, \) g0 j T4 m
3. Blue color: price change each month. . R7 H+ d3 P6 q* E4 ^. C . F* v; m& _ W+ ?: D9 F/ ^3 _Comments: 5 z7 @6 U+ a( E8 |2 R8 K- f& x1 s8 @& C8 v3 v
1. The trend of price increase is clear and strong. Both fundamental and technical ' t7 T' A2 [8 [4 {9 x; qstill support the further price increases.& x9 f) N$ Q+ F+ f
2. The price does not increase every month. The drop of July 2006 does not mean 6 g' [5 ?* U) k$ s
the price will decrease further. The price came back on August. - a0 k1 W' x& d0 e3. With more clear picture, we will see which month the price is likely seasonally low, so that the buyer may prepare to enter the market.
6 M- y$ e' M+ b' t8 b( A! x# QThe picture is not clear. I can only speculate:- f, P# q; v4 \4 W0 I+ `9 ?
1. It is the medium home price of Calgary from 1999 - Aug. 2006; $ t# q9 E) @ b, N7 O% t( D$ W0 z2. Pink color: Home price vs. time; : c, v& P5 N# P( U3 v3. Blue color: price change each month./ R; u! J1 j8 Q! P( q) H
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