The average price increase doesn't mean real increase sometimes. 1 H0 e) U' E/ ]7 @" |. j6 N& O/ X$ a8 V; [
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 $331, it means the real prices are dropping. I believe the same thing happens in Edmonton. ; x& C# @- y- x. ^. A* F2 v, C& T8 L7 Y2 D5 f$ q1 C http://www.bobtruman.com/7_Day_Stats/page_1770845.html # |3 g; ?9 [1 @ 1 Q. c" h0 h+ l- ^+ QThe 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.