The average price increase doesn't mean real increase sometimes. 9 R6 `. D6 L5 Z# ?" r ( R0 T% p% t7 \7 kThe 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.; E5 e- m. _( I( F! c z7 \
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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.