" E+ @) {( ?) \- K: D , n9 |) ] m/ H/ uThe picture is not clear. I can only speculate:7 y/ v1 L6 ]9 ]
1. It is the medium home price of Calgary from 1999 - Aug. 2006;* W V9 y; D( ?2 O" @
2. Pink color: Home price vs. time;! p/ N; X# N$ v# X
3. Blue color: price change each month. 4 A, K2 p3 C$ @' m2 \" u: ^+ n7 a4 A& i0 R; H8 S4 q* Z- t
Comments: h! R5 p0 D1 h: x" L2 I : _) f! {% R- q( n. ?+ b1. The trend of price increase is clear and strong. Both fundamental and technical ) L) j M$ t5 D: I$ c# y
still support the further price increases. 6 X a& O0 e6 U" o: c3 F5 t- g2. The price does not increase every month. The drop of July 2006 does not mean 1 p* I5 }( N* i5 X* G4 k! b* [3 T
the price will decrease further. The price came back on August.: i+ A$ w" B8 `. ]
3. With more clear picture, we will see which month the price is likely seasonally low, so that the buyer may prepare to enter the market.
7 [, n% [. b% |4 \The picture is not clear. I can only speculate: ) c# g, t9 g. I D |1. It is the medium home price of Calgary from 1999 - Aug. 2006; * ^! R5 v6 z1 p6 x0 e/ x* I% ^2. Pink color: Home price vs. time;; N' }# P( [& V3 x
3. Blue color: price change each month.7 A; ~: ~! |* R2 Q Q1 U
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