The average price increase doesn't mean real increase sometimes. 0 L. t0 q% |: Q( S" S- K0 M; t6 d! ^. d) r& Y
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.6 z8 Y* t% |0 X- i3 }% @8 m) c9 l/ ?
# j) A# t, `1 U$ K/ V' G' o& Shttp://www.bobtruman.com/7_Day_Stats/page_1770845.html ! B: t- V8 x7 h, I0 [- g! H ; S( m* K3 I- M- Y3 f9 ?( ]! wThe 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.