JongJin Kim

Broker

Home Standards Brickstone Realty

Navigating Canada’s Housing Challenges: The Role of Immigration in Housing Supply May 1, 2024
In the delicate balance of supply and demand shaping Canada’s housing landscape, immigration is a significant factor influencing housing. Research from Loyalist Public Affairs inside TRREB’s 2024 Market Outlook and Year in Review Report highlights the current challenges and potential solutions. Need for Comprehensive Planning A recent report by the Canada Mortgage and Housing Corporation (CMHC) paints a […]
trebadmin
TRREB: Condo Prices Remain Flat in Q1 2024 April 30, 2024
The Greater Toronto Area (GTA) condominium apartment sales increased moderately in the first quarter of 2024 relative to the first three months of 2023. However, over the same period the number of condo apartment listings increased by a greater annual rate. With buyers benefitting from more choice, the average condo selling price edged lower. Total […]
trebadmin
TRREB: Condo Rental Transactions Up in Q1 2024 April 30, 2024
The number of condominium apartment lease transactions reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System was up strongly year-over-year in the first quarter of 2024. Over the same period, the number of units listed for rent was up by an even greater annual rate. This resulted in more choice for renters and […]
trebadmin
TRREB Statement on the 2024 Federal Budget April 17, 2024
To tackle Canada’s housing affordability crisis, governments need to do two things. First, they must build more homes of all types. Second, they must lower the taxes and fees Canadians pay to find an affordable place to call home. Today’s Federal Budget gets it right on supply but needs to be careful about the impact […]
trebadmin
Examining the Social Impact of Housing Unaffordability April 17, 2024
In the intricate web of societal challenges, housing unaffordability looms as a profound disruptor, silently eroding the well-being of individuals and communities alike. In TRREB’s 2024 Market Outlook and Year in Review report, the Canadian Centre for Economic Analysis (CANCEA) shares their ground-breaking study Locked Out: The Social Value Cost of the GTA’s Housing Crisis. It provides an in-depth look […]
trebadmin
TRREB Statement on Canada’s Housing Plan April 12, 2024
Canada is in the middle of a historic housing affordability crisis and families need governments at all levels to come forward with policies that will lower costs for home buyers and get more homes built faster. Today’s announcement by Prime Minister Trudeau, Minister Freeland and Minister Fraser of Canada’s Housing Plan is a historic commitment […]
trebadmin
TRREB Statement on Bill 185 and the Province’s Efforts to Expedite Housing Development April 11, 2024
In the face of a historic housing affordability crisis, Ontario needs to continue implementing bold policy changes that clear the way to building more homes. The provincial government is continuing its work to address the province’s housing supply and affordability crisis with another piece of housing legislation, Cutting Red Tape to Build More Homes Act, […]
trebadmin
Navigating Tenanted Properties as a REALTOR® April 9, 2024
As a REALTOR®, it’s important understand how to navigate tenanted properties in a growing population and the current high interest rate environment because more and more households are turning to the rental market. Back by popular demand, Bita Di Lisi, licensed paralegal, joined TRREB’s latest Ready to Real Estate podcast episode with host TRREB Chief Market Analyst Jason […]
trebadmin
Media Invite: TRREB Market Outlook and Year in Review Event in Simcoe County April 4, 2024
Media are invited to attend TRREB’s 2024 Market Outlook and Year in Review Simcoe County event on Monday, April 8, 2024, at 10:00 a.m. Hear industry experts weigh in on TRREB’s housing outlook on average prices and sales for 2024, the need for housing supply with rising immigration, the latest buying and selling intentions, and […]
trebadmin
March 2024 Housing Market Charts Available April 3, 2024
A series of charts summarizing key residential statistics for the GTA, including an affordability indicator and time series for price, new listings and sales.
trebadmin