John Milne Real Estate

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Ottawa’s Vacant Unit Tax Process Goes On
08/14/2023

Ottawa’s Vacant Unit Tax Process Goes On

John Milne is a real estate agent with Royal LePage Advantage. Check out John Milne's listings or office listings.

Rental rates outpacing wages, especially those at lower rangeContact me to discuss the latest scoop in real estate! ...
08/12/2023

Rental rates outpacing wages, especially those at lower range
Contact me to discuss the latest scoop in real estate!

The CCPA study shows that the discrepancy between rental and minimum wage is growing in the region, particularly in rural areas such as Woolwich and Wellesley. Even with minimum wage increases, landlords are raising rents, making it difficult for minimum wage earners to escape core housing need. The...

Canada’s Mortgage Rates Might Rise Soon
07/31/2023

Canada’s Mortgage Rates Might Rise Soon

John Milne is a real estate agent with Royal LePage Advantage. Check out John Milne's listings or office listings.

Rising interest rates driving up cost to rent in Oakville and BurlingtonContact me to discuss the latest scoop in real e...
07/30/2023

Rising interest rates driving up cost to rent in Oakville and Burlington
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Rent prices in Oakville and Burlington are on the rise due to increasing interest rates. Average rents in Canada are up 20% over the last two years and 1.4% from May to June. The average monthly rent for a one-bedroom home in Burlington was $2,215 in June and $2,528 in Oakville. The Bank of Canada's...

Risks for Canadian Real Estate Market
07/13/2023

Risks for Canadian Real Estate Market

John Milne is a real estate agent with Royal LePage Advantage. Check out John Milne's listings or office listings.

StatCan highlights housing supply dynamics in largest citiesContact me to discuss the latest scoop in real estate! ...
07/04/2023

StatCan highlights housing supply dynamics in largest cities
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Statistics Canada (StatCan) highlighted in new data that from 2019 to 2021, housing stock growth in Toronto and Vancouver outpaced population growth, with condos making up more than half of the new housing supply. StatCan also found significant divergences in the two cities' market trends, with Toro...

Year-over-year home sales in Ottawa up 6 per cent in MayContact me to discuss the latest scoop in real estate! ...
06/25/2023

Year-over-year home sales in Ottawa up 6 per cent in May
Contact me to discuss the latest scoop in real estate!

In May 2023, the Ottawa Real Estate Board reported a 6% increase in home sales compared to the previous year. Prices for both houses and condos were down 6-7% from last year, but they were up from April of the same year. Bank of Canada raised the interest rate to 4.75%, which could potentially affec...

Federal government aiming to dispose of half of its office buildings with hybrid work here to stayContact me to discuss ...
06/17/2023

Federal government aiming to dispose of half of its office buildings with hybrid work here to stay
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The federal government is planning to reduce its office footprint by up to 50% due to the rise in remote and hybrid work, and the pandemic reinforcing these plans. This will involve a long-term real estate portfolio plan to optimize office space, lower costs and reduce emissions. 10 buildings in the...

It's time for full rent control in OntarioContact me to discuss the latest scoop in real estate!
06/09/2023

It's time for full rent control in Ontario
Contact me to discuss the latest scoop in real estate!

The Doug Ford government passed two bills, More Homes Build Faster Act and Helping Homebuyers Protecting Tenants Act, in 2022 and 2023 respectively, in an effort to tackle the housing crisis in Ontario. While these bills are said to build 1.5 million homes in the coming decade, they have the potenti...

Six myths and misconceptions you should know about reverse mortgagesContact me to discuss the latest scoop in real estat...
05/30/2023

Six myths and misconceptions you should know about reverse mortgages
Contact me to discuss the latest scoop in real estate!

Bloom Reverse Mortgages helps seniors over the age of 55 to access the wealth of their homes and find financial flexibility in retirement. Through this service, seniors can access their home equity without selling their home. There are also several myths and misconceptions surrounding reverse mortga...

RBC Predicts the End of the Correction Is in Sight
05/22/2023

RBC Predicts the End of the Correction Is in Sight

John Milne is a real estate agent with Royal LePage Advantage. Check out John Milne's listings or office listings.

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Smiths Falls, ON
K7A2A8

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+16133901651

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