The average price increase doesn't mean real increase sometimes.. V7 y+ y: x$ C& Q8 J3 w
8 u+ s( v$ N( e/ oThe 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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. 4 E8 [ x" q$ ^) @7 x" w$ r; d x : w+ M! N( i+ y( f' vhttp://www.bobtruman.com/7_Day_Stats/page_1770845.html* j. o3 @( w7 E2 k2 x5 D
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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.