The average price increase doesn't mean real increase sometimes.4 F; X& d4 F4 R; f/ k
: v3 B5 d6 _% z, m( }# J/ K. rThe 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./ S; y5 i! @& _+ R2 T
8 g# i' n" _% ]6 j3 Shttp://www.bobtruman.com/7_Day_Stats/page_1770845.html& Z U* K* i! Q7 a3 S# o# w2 y+ H
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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.