Driving faster in the wrong direction won’t get you to the right destination. To make progress you need to follow the correct path.

The same can be said for the housing supply and affordability crisis that we are presently facing. For years, we’ve been off track. And, as a result, we now find ourselves in a predicament.

The truth of the matter is that exorbitant taxes, fees and levies, including sky-high...

Brace yourself. Affordability of housing continues to deteriorate, and latest reports indicate the situation could get worse before it gets better, causing a huge hit to the Canadian economy.

Far fewer Canadian cities meet the traditional affordability benchmark where housing costs are less than 30 per cent of household income, recent data from prop-tech company Zoocasa revealed.

Reports indicate that...

Calgary’s housing market has been showing a great deal of variability this year. By September, citywide conditions had settled into balance, but several neighbourhood clusters kept prices close to last year’s levels, while some others showed modest gains.

Calgary’s Split Market

By late summer, it became apparent that Calgary wasn’t moving as a single market. The composite benchmark sat at $572,800,...