The average sale price for residential properties in Ontario has risen by 17 per cent during the same time.
NOTE: The blogging of this article should in NO WAY indicate that I agree with anything or anyone at MPAC. I personally think their assessments are inaccurate, and they are incompetent. But that's a blog post for another day. I suggest you Google fight MPAC Assessment and see what comes up.
The full report is here:
http://www.mpac.on.ca/media_centre/news_releases_kingston.asp
http://www.thewhig.com/2012/08/02/kingston-housing-market-on-solid-foundation
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