TORONTO, September 18, 2018 -- The Building Industry and Land Development Association (BILD) and the Toronto Real Estate Board (TREB) have come together to shed light on voters' priorities and issues for the upcoming municipal elections. Together, BILD and TREB represent all facets of the real estate industry. This is the second joint release of municipal election related poll results by the organizations.
"Last week's poll data clearly showed that housing affordability and supply are key issues for GTA residents. Residents expect municipal politicians to tackle these issues in the upcoming election," said Garry Bhaura, TREB President.
"This week's results show that building more new homes is seen, overwhelmingly, as a critical part of the solution to housing affordability. However, overcoming resistance to change and 'not in my backyard' sentiment in existing neighbourhoods is a huge barrier that municipal leaders can help overcome by taking a leadership role," continued Mr. Bhaura.
Some of the key results from the poll are as follows:
In order to accommodate the tremendous growth that the GTA has experienced in recent years, and the continued anticipated growth to 2041, policies of urban intensification and increased density of housing have been implemented by various levels of government. Resistance to new developments slows construction of new housing, negatively impacting supply and increasing housing prices.
"In order to build a livable GTA for the future, we need to be able to build more homes, faster. Clearly we need to have a broader discussion on how to accommodate growth, particularly in established neighbourhoods. I encourage citizens and municipal candidates to learn more about this at www.buildforgrowth.ca," said Dave Wilkes, President and CEO, BILD.
"If we want to truly address housing issues in the GTA, we need to take a comprehensive approach and that means being open to innovative ideas and change. Outdated zoning rules and other obstacles need to be reconsidered. The same policies will get us the same results, and that's just not good enough any more," said John DiMichele, TREB Chief Executive Officer.
"We are encouraging home buyers and renters to let municipal election candidates know their views through UnLockMyHousingOptions.ca that clearly outlines the problem, the reason and the solution to some of the challenges we face. Getting involved and sharing your concerns is easy, as the website does all the work for you," said DiMichele.
It is noteworthy that the Home Building Industry and REALTORS® have joined forces on this issue.
"With housing issues front and center in this municipal election, we are pleased to partner with TREB to bring these issues to light and encourage a dialogue on how we can collectively address housing supply and affordability," added Wilkes.
About the GTA Municipal Elections Poll
For this survey, a sample of 1,503 GTA residents from the Ipsos I-Say panel was interviewed from August 20 to 23, 2018. Quotas and weighting were employed to ensure that the sample's composition reflects the overall population according to census information. The precision of online polls is measured using credibility interval. In this case, the results are accurate to within +/- 2 percentage points, 19 times out of 20, of what the results would have been had all Canadian adults been polled. Credibility intervals are wider among subsets of the population.
About the Toronto Real Estate Board (TREB)
TREB is Canada's largest real estate board. Over 50,000 residential and commercial TREB Members serve consumers in the Greater Toronto Area. 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®.
About the Building Industry and Land Development Association (BILD)
With 1,500 members, BILD is the voice of the home building, land development and professional renovation industry in the Greater Toronto Area. BILD is proudly affiliated with the Ontario and Canadian Home Builders' Associations.