The average price increase doesn't mean real increase sometimes. $ p6 w0 Z8 ]2 p ; ]% Y( P! V; c$ x0 VThe 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.; h, R9 k* L. r/ p0 N& f; K% ~
k8 c6 z3 f, H6 X/ U% p2 }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.