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In fact one of the main points of the article is that Montreal has been building faster than population growth and housing is still drastically going up in price.
That’s because Montreal doesn’t exist in a vacuum. It’s maybe the only city in Canada with a remotely good approach to urbanism, and as a result one of the most affordable cities to buy housing in Canada. So there is added demand for Montreal real estate from the rest of the country, which contributes to rising prices.
In a perfect world we would be divesting from car dependency as quickly as possible. Every policy move we make should be made with the intent that less people need to own a car. But no lawmakers actually agree with that position. They are content for us to pave the world and watch it boil.