The average price increase doesn't mean real increase sometimes.8 _6 O; R& b$ S
' K. Z5 N5 y4 R; J$ v- Y5 }4 vThe 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. " m4 i! p/ c; K* F & r, S' _% o% s, R R; l- s9 [8 `http://www.bobtruman.com/7_Day_Stats/page_1770845.html # p' A) A5 R4 Y# ~ a. t8 Z+ E' Z2 y+ m! J, \# D' W1 k
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.