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The picture is not clear. I can only speculate: 5 R+ L) f W! x& v' T. E0 X+ Z$ b1. It is the medium home price of Calgary from 1999 - Aug. 2006; # s- h8 A9 Q2 s! f- U2 S4 ~- g8 W- E2. Pink color: Home price vs. time;- X G% ~7 z! s/ i1 }
3. Blue color: price change each month.6 m% _2 e- r/ q/ C
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Comments: " W# f$ |: r/ c$ w# e1 K) ^* Q+ j+ `$ S( G: U* ?. k9 @7 L
1. The trend of price increase is clear and strong. Both fundamental and technical ; s1 |0 V* B. G4 x$ G8 `+ R, }still support the further price increases. 9 Z/ W9 L7 a2 I2 b7 e, p2. The price does not increase every month. The drop of July 2006 does not mean o4 T2 I1 A4 ~2 F" M' u
the price will decrease further. The price came back on August.; w) T8 N \3 Y/ c2 ~
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.
8 V# b) [& v4 A* a9 @" g8 L- h5 D6 F3 m. L( [
The picture is not clear. I can only speculate: 4 I) b3 r" C) {5 n' j1. It is the medium home price of Calgary from 1999 - Aug. 2006;) k8 E1 R! h" L
2. Pink color: Home price vs. time;8 Q* Y* Z8 D: _ f* T% W
3. Blue color: price change each month. - g" S1 f* s# W, l( Y; N, a ...