The average price increase doesn't mean real increase sometimes.% Q9 O& z6 h1 i# S7 t" l
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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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. . K$ l4 d& [% V% l, E5 U7 h/ u9 Z9 ^5 Z7 T http://www.bobtruman.com/7_Day_Stats/page_1770845.html+ d1 [1 O$ p5 P7 `* j, d- x
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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.