The average price increase doesn't mean real increase sometimes. # A! u& l i( S0 x0 Z8 G# p6 w" E& V9 Y6 \7 g* H3 ~: r& i# K$ ?, M8 i
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. ) c/ h# g* n& h3 M5 p2 G: `$ i/ h2 g http://www.bobtruman.com/7_Day_Stats/page_1770845.html % h; s9 I" ?2 b i5 ?, j# l6 c 3 Z v' |: Z3 a/ rThe 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.