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THIS WEEK'S TOP 5 TRENDING STORIES
1. New WestMinister is B.C.'s next hot market
According to research from the Real Estate Investment Network (REIN), New Westminster is poised to become an even hotter market in Metro Vancouver as families seek relative housing affordability outside Vancouver. The report finds New Westminster is growing in several key indicators on the REIN Long-Term Real Estate Success Formula and forecasts the city is just beginning a strong economic upward trend.
 
2. Ontario passes home inspection legislation
The Ontario government passed legislation this week that will bring the home inspection industry under regulation.
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3. City of Mississauga slashes energy use at rink
A task force at the City of Mississauga has slashed the electricity consumption of the ice-making equipment at its Iceland Arena by 22 per cent during winter and shoulder season operations, staff say.
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4. Banks make design changes to attract customers
Credit unions, banks and financial institutions have never had a very design-forward reputation, but things have changed. For young investors like millennials, the stiff collar approach of old just doesn’t cut it anymore.
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5. Banner year ahead for Canadian hotel market
Hotel real estate transactions in Canada reached $4.1 billion in 2016, with the sale of more than 240 hotels. This is the second highest amount on record, and 2017 is shaping up to be another big year in the industry.
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