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What do Ottawa real estate stats and CMHC’s latest housing policy blunder have in common? They’re both covered in this month’s market update — and one of them will leave you shaking your head. In this video, we break down: How Ottawa’s freehold and condo markets performed in June Why the average freehold sale price is flirting with record highs What’s happening with inventory, sales-to-new-listings ratios, and time-on-market The surprising condo price dip after last month’s breakout A breakdown of CMHC’s now-abandoned goal to bring affordability back to 2004 levels — and the new (still unrealistic?) benchmark they’ve chosen Why this shift in messaging might have bigger consequences than you think If you’ve been waiting for housing prices to crash… or are wondering what’s actually driving affordability (and whether the federal government understands it)… you’ll want to stick around for this one. FREEHOLD 1084 Sales $829,636 Average Sale Price 2.34 Months of Inventory 54.9% Sales To New Listings Ratio 27 Days to Sell 99% Sale Price to List Price Ratio CONDO 311 Sales $424,936 3.36 Months of Inventory 47.6 Sales to New Listings Ratio 40 Days to Sell 98% Sale Price to List Price Ratio #ottawarealestate #ottawarealestate #CHMHC