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The picture is not clear. I can only speculate:0 ^2 N0 e% [0 t
1. It is the medium home price of Calgary from 1999 - Aug. 2006; . O3 V6 V8 h- @" c9 i$ u2. Pink color: Home price vs. time; - T; @2 @3 \6 _- r! `7 \$ q# z8 x3. Blue color: price change each month.' h# o y1 R' }% r1 M# [! _& r
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Comments:0 G; l! n& [1 [! z1 V% F6 B2 w/ W9 `
- A( f4 S5 ?; o: q% q' o1. The trend of price increase is clear and strong. Both fundamental and technical 8 N/ e6 _- r. i! H+ v" Fstill support the further price increases.8 B, c' {# ^* i& l+ Q4 d
2. The price does not increase every month. The drop of July 2006 does not mean 0 j3 ?% X' m& f( n# u4 V! athe price will decrease further. The price came back on August./ G1 M# J5 W! Q7 n% [7 ?0 |: \" p3 x
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.
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The picture is not clear. I can only speculate: + C \9 o/ I& Z( B* M" d1. It is the medium home price of Calgary from 1999 - Aug. 2006; ( z4 H) z9 B# F; h5 {# [% }1 O/ d2. Pink color: Home price vs. time;. J6 Y. a! @1 n" V6 i
3. Blue color: price change each month.3 u" e, _! x: _' f5 d4 ?& @
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