The average price increase doesn't mean real increase sometimes. ( T* [" j) g. [4 p% y8 a+ ~4 q z4 K! P$ T" N% c
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.* M7 T+ c2 Z* z9 P* P c
: S( @" @0 P8 Q4 v9 r, W http://www.bobtruman.com/7_Day_Stats/page_1770845.html3 A ~+ U; t# z
; v7 p6 ~) C( T+ _9 |/ ?7 @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.