The average price increase doesn't mean real increase sometimes.$ `8 u4 U7 @0 f. r6 X+ z9 n
& F6 A0 [! z- j# l5 E" v% jThe 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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.# K% @! I( m) {2 i3 z% K/ g: N
& v7 [" ?: @* N1 }- g5 S$ {http://www.bobtruman.com/7_Day_Stats/page_1770845.html $ j7 Z: i; M! H1 _2 g! C1 ~: y) r% Z, ]) m
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.