The average price increase doesn't mean real increase sometimes. 0 J V1 p3 x2 |: A0 k* i 8 x. C; g, l3 }* G- m( WThe 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." M6 M9 g# k+ w2 i( w
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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.