The average price increase doesn't mean real increase sometimes. + ]( t% j$ N0 U I7 d" y ) [$ L v* n# [( lThe 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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. # M" A. ?% J) R2 `3 R, M$ ]" r; T" A/ z+ Q http://www.bobtruman.com/7_Day_Stats/page_1770845.html0 z$ l4 j. {# l% X1 t0 L* ?. S
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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.