The average price increase doesn't mean real increase sometimes. ' ]$ M/ @2 M( j4 f- M3 M/ n5 W( x9 d+ H& |
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.. y- p+ h8 _! q: Z
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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.