The average price increase doesn't mean real increase sometimes.$ A% y& w) J' K4 t# w L
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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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton.; b, o/ Q% C, n! `& ^+ N; F- W- m
* y7 T$ L+ v5 I Y http://www.bobtruman.com/7_Day_Stats/page_1770845.html 1 `5 G/ P2 J$ E/ m4 G% ]0 Y/ I- x0 C7 |) T; ^
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.