The average price increase doesn't mean real increase sometimes.5 ~; v A, ^ D
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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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. 9 f" M+ B$ @2 j. _. J) O6 @* k8 M& J# r1 Z! v+ h' e# g- Z( w http://www.bobtruman.com/7_Day_Stats/page_1770845.html * U, I5 K s @+ t0 w* |$ k" e: }
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.