Toronto Real Estate Board
In the face of a historically hot GTA market and with 48,000 area Realtors to look after, John DiMichele, TREB’s CEO since 2014, has a relatively full plate. Whether intensifying the group’s lobbying efforts or enhancing the professionalism of TREB members, DiMichele sits firmly in the eye of the storm.
As market research is a key cog in the TREB machine – the group recently commissioned an Ipsos survey that concluded foreign buyer activity in the GTA is actually quite low – it is no surprise that DiMichele encourages government officials to take a similar approach to housing policy, especially in light of Kathleen Wynne’s recent 16-point housing plan.
“In considering solutions, it is important that all levels of government choose to adopt and implement policies that are founded on solid empirical evidence,” DiMichele says. “For instance, the flat to declining listings trend we’ve seen over much of the last two to three years provides clear evidence for more of a focus on the supply side of the market.”