The average price increase doesn't mean real increase sometimes. $ `. D o: y5 J9 X/ T: O8 c# D" F( {4 q$ h/ l3 ^- s- y
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. 5 }& g9 Y( @& s, A6 g* r. I. w' i+ h9 @# V http://www.bobtruman.com/7_Day_Stats/page_1770845.html . E4 ~, V \1 r3 G$ s* K4 m( }" _9 ?' D$ o% w
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.