The average price increase doesn't mean real increase sometimes.2 c2 X( j5 E/ Y6 T' E
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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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. ; F' k% Z3 W% p# N+ U5 p& w, M5 v/ ]* x8 k" D' \6 d0 q6 J& ] http://www.bobtruman.com/7_Day_Stats/page_1770845.html 6 S3 }2 I& c: A& I3 s+ U0 _6 U% J3 i0 a$ v& ^
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.