NEWS RELEASE

TORONTO, December 13, 2018 -- The Toronto Real Estate Board (TREB) applauds Mayor Tory for making housing affordability one of his top and first priorities of the new term of Toronto City Council.  

The "Housing Now" initiative is an excellent first step for the new City Council to take to start getting immediate results with regard to housing supply.  TREB strongly believes that governments at all levels should be focused on increasing the supply of housing and facilitating an appropriate mix of housing types and tenures.  

TREB has also recognized the symbiosis between housing and transit, and, as such, we are encouraged that the "Housing Now" initiative also makes transit accessibility a priority.  

As stated by Mayor Tory, addressing and solving Toronto's housing challenges requires the combined efforts of government, and the private and not-for-profit sectors.  In this regard, TREB looks forward to working with Mayor Tory and all of Toronto City Council to ensure that our City remains one of the best places to live, work and play in the world.