I work and live in Downtown Toronto where my real estate business primarily services the Metropolitian area. Like many cosmopolitan cities, the modern social economic ecosystem in Toronto has been increasingly influenced by the multi-billion dollar sharing economy offering alternative goods and services to consumers and redefining how we live and transact business. According to Investopedia, the sharing economy is "an economic model in which individuals are able to borrow or rent assets owned by someone else." This type of sharing model is becoming more popular due to the internet and mobile apps revolution, allowing peer-to-peer connection much easier. This type of consumer behaviour also

Toronto Real Estate Home Prices Report For January 2017 [All statistics via TREB Market Watch] Sales up 11.8% in the first month of January 2017 Annual rates of sales were higher for condominium apartments and low rise home types. Condo market segment appears to be better supplied than the low rise market segment. Regardless of the home types considered, listings in general were still constrained for the last few months. Ipso poles suggest that there are many housholds who plan to purchase a home in 2017. TREB forecast 2017 demand for ownership housing will remain strong including demand from first time buyers. While sales are up, listings are down by double digist for almost all major home