The average price increase doesn't mean real increase sometimes., E7 B1 n7 {% Q9 O/ W6 x& V3 W
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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.2 d5 W8 P! h- r+ _
# T" z) ^3 U8 H7 q2 k' k' Z http://www.bobtruman.com/7_Day_Stats/page_1770845.html - [; U% a. |) R9 c- |/ `! E, B8 O; R/ X; [/ i( D4 E4 V) I
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.