( X( a( E3 e+ z) b8 ?. NThe picture is not clear. I can only speculate: 0 v& D& K3 y& J8 L- w7 R1. It is the medium home price of Calgary from 1999 - Aug. 2006;& f6 Z: Y$ v8 \1 c0 a
2. Pink color: Home price vs. time;" X) h4 p& q" ~# k/ n- r [
3. Blue color: price change each month. 4 Q# a% j& b# Z1 Q4 y- q# T( y9 T% A8 W
Comments:) [# I9 a9 _: J4 a% q1 Y9 Z8 m
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1. The trend of price increase is clear and strong. Both fundamental and technical 1 J/ Z6 j9 Y7 }) w) U
still support the further price increases. ! L* Z% S) f3 j3 W, ~& U3 o' P2. The price does not increase every month. The drop of July 2006 does not mean 5 d- o% V2 o& I5 l5 Kthe price will decrease further. The price came back on August.8 T8 o! ~; G# |* U
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.
. h) x* h) N. w! R" S/ M1 Z% U8 a, ^. \. I! X9 r
The picture is not clear. I can only speculate: R: r% t" T! }" }7 Y
1. It is the medium home price of Calgary from 1999 - Aug. 2006;- }$ W* S1 M% _
2. Pink color: Home price vs. time; + ?0 }% s- Z+ \$ t3. Blue color: price change each month.% U5 j( d( Q x3 ?( t8 J1 \
...
0 c! f' _% B4 x) Z
6 g, y0 M; h* S! y8 {0 k& ?- J1 M' o3 S, r/ K D% @& L
这也正是我看出的结果。