The average price increase doesn't mean real increase sometimes. ( a3 t7 R) y7 ~7 A, T, @ 2 B" C. `4 h9 ]' X2 r6 QThe 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. - ^' f! {' z5 z- Z- J" g 2 y9 Y* p; L/ Z- b* t# Lhttp://www.bobtruman.com/7_Day_Stats/page_1770845.html9 p9 M; e9 N; [0 k" ^
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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.