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TREB Applauds Mayor Tory's Affordable Housing Announcement


TORONTO, April 23, 2018 (GLOBE NEWSWIRE) -- The Toronto Real Estate Board is encouraged that Mayor John Tory is making housing affordability a priority for himself and for City staff.   

"Toronto REALTORS® understand that municipal government policy plays a direct role in housing affordability and in protecting the investments of existing home owners. We are glad that Mayor Tory recognizes the important role that the City plays in this regard," said Tim Syrianos, President of the Toronto Real Estate Board. 

TREB has worked to ensure that governments understand the supply and demand dynamics of the Toronto and GTA real estate market place. Most recently, TREB released its annual Market year in review and outlook report, and provided briefings on this to the Mayor's office and City Councillors. 

"TREB looks forward to working with the City and the Mayor to move forward on this very important issue, and to ensure that challenges faced by all aspects of the market, including renters, home buyers, existing owners, and sellers, are considered," added Syrianos.

MEDIA CONTACT:
MARY GALLAGHER
SENIOR MANAGER, PUBLIC AFFAIRS
416-419-8133 OR [email protected]

Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service®. Over 49,000 residential and commercial TREB Members serve consumers in the Greater Toronto Area.  TREB  is Canada's largest real estate board.

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