The average price increase doesn't mean real increase sometimes.9 z( X9 x& U5 i
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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.+ R7 H N6 x+ u5 y: r
0 w2 I; g% T5 B- l. j http://www.bobtruman.com/7_Day_Stats/page_1770845.html 0 T# v) @; b/ Q1 o! [' p. L9 U/ n4 B3 s) a
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.