This week the PGA Tour comes to Houston, and most of the world’s top players are taking the week off or are playing in the Italian Open as they compete for in the Race to Dubai. We have posted a fixed odds betting market for the Italian Open featuring the top four players.
This week is the Shriners Hospitals for Children Open with World Number 1 Brooks Koepka in the field. The favorites this week include Koepka, Cantlay, and DeChambeau. Click here to view our fantasy contests this week.
According to the Toronto Real Estate Board (TREB), the price for a single family detached house in Toronto fell in price by 1.80% in June 2017 compared to the previous month. This is the largest monthly price decline since this data set has been tracked in February 2012.
A number of factors likely contributed to the decline. The Province of Ontario and the Canadian Federal government (with OFSI and CMHC) have introduced or are introducing measures aimed at “cooling” the housing market. This may have spooked buyers and encouraged sellers to list their homes. The prospect of higher interest rates also serves as a bearish factor.
TREB data shows an increased number of listings in June compared to previous months, and a decrease in the number of transactions. This is a bearish indicator, and could signal lower prices for home sales in the near term.