The average price increase doesn't mean real increase sometimes.& e8 u9 }! A+ d8 J$ O; Y. y3 H
3 Y; Q z' \ |+ W" DThe 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. % C T+ f4 ?+ ?( u! x+ O. { L) e4 [4 a6 r& O& h% j' f2 N http://www.bobtruman.com/7_Day_Stats/page_1770845.html ; G7 R- g/ W9 i+ t, W) M1 |9 n6 x# w S' u
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.