The average price increase doesn't mean real increase sometimes. . o6 F# R( T" S/ ?- {" r+ O+ T- X: t. h/ Z: A1 p& f) b6 t
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. " z" [1 `: W# I2 l. C' Q/ x9 k$ d0 e3 d" P! d7 ^ http://www.bobtruman.com/7_Day_Stats/page_1770845.html8 l; F y. u+ p
6 E4 b k0 Y$ t. t J+ f2 HThe 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.