The average price increase doesn't mean real increase sometimes. % l5 A' p$ [( o. p- _) u: g5 ^: S; M0 o: b! `; {" O* D% X! a
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.& ?7 J' g" K+ B4 u. [% ~
# @& y, j s o, ?# x* JThe 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.