The average price increase doesn't mean real increase sometimes. : i7 Z+ B2 ]7 n s 7 O. p' U. H8 X$ O' x! ZThe 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.+ o. K+ W2 B5 U0 ?+ ?" M* V" t! E7 h: ]
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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.