The average price increase doesn't mean real increase sometimes. 1 y3 L& ~3 G) A/ C( U9 d7 P & \1 v6 H- o( ?& @8 X! X$ }6 C9 lThe 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. + V# {# p' f. g5 w/ L % e7 q5 w+ @2 G! I! R! g, `8 qhttp://www.bobtruman.com/7_Day_Stats/page_1770845.html - s+ Z: d2 U9 t+ s' k, L: y: B) e0 s5 E) T
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.