Cities that build more homes when they’re most needed tend to see less home-price volatility.
In reality, housing is a local issue that requires local solutions.
Average home prices are up almost 60 per cent in the GTA and 70 per cent in Metro Vancouver.
Once again, Calgary city council has raised property taxes beyond the rate of inflation. No surprise. Over the past seven years, only once, in 2007, has council approved a tax increase below Calgary’s inflation rate.