The average price increase doesn't mean real increase sometimes. 9 S5 a' E, I7 d, V. o+ p) J& w! C( B3 T/ _$ j, e
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. # ~# S6 }. T6 E2 a& m+ s% s2 D$ m# o2 J' u9 ?; W C- @ http://www.bobtruman.com/7_Day_Stats/page_1770845.html! P* c- ?! U+ v8 a% [
: s" S& t0 i2 K r' u
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.