The average price increase doesn't mean real increase sometimes.. ^, S+ V* o$ z8 L
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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. % Y3 m \8 A. p% d/ P& u& v( y* c! N/ S5 V5 B, K, ] http://www.bobtruman.com/7_Day_Stats/page_1770845.html 4 W' |# V/ C% v' `1 P+ V5 g/ A; ^5 v# H3 O# 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.