The average price increase doesn't mean real increase sometimes. ; g0 [; r) B" y* I1 y' u, g* Q- F& T 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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. ' ]$ k* v8 } O! o! N+ C. o1 h- R2 B, i' w( Z7 o. _9 _ http://www.bobtruman.com/7_Day_Stats/page_1770845.html $ f4 k$ P) u1 Z! u3 E5 E+ S" a7 e , l( J( e6 j2 ~( f/ }/ LThe 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.