BC Premier LOSES IT After Buyers Flee From Condos Crashing The Market!

Video Description

🔥 FREE GUIDE: Avoid the 7 Critical Home Investment Mistakes destroying buyers right now: http://canadahousing.carrd.co British Columbia's condominium market is experiencing its most significant downturn in over a decade. Greater Vancouver condo benchmark prices have fallen 5.2% year-over-year to $714,300 (November 2025), down $56,000+ from the February 2024 peak of $770,700. Despite aggressive Bank of Canada rate cuts totaling 275 basis points since June 2024, inventory has surged 36.3% above the 10-year average with 15,149 active listings—levels not seen since 2012. In this detailed real estate market analysis, we break down: ✅ Why condo prices are falling across Greater Vancouver, Fraser Valley, Kelowna, and Victoria ✅ How 12,077 unsold presale units and a 10-fold increase in project cancellations signal developer distress ✅ Major developer bankruptcies: Thind Properties, Coromandel ($700M debt), Boffo Developments ✅ Why 1.2 million mortgage renewals in 2025 could force more inventory onto the market ✅ How 36.3% investor ownership and declining rental income are accelerating condo supply ✅ Strata insurance crisis: premiums up 40-300%, deductibles jumping to $100K-$500K ✅ Regional breakdown: Fraser Valley down 6.8%, Victoria up 2.0%, Kelowna at 15 months inventory ✅ Why condos underperform detached homes and townhouses by significant margins VERIFIED DATA SOURCES: 📊 Real Estate Board of Greater Vancouver (REBGV) - 📊 Canada Mortgage and Housing Corporation (CMHC) - https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research 📊 Fraser Valley Real Estate Board - https://www.fvreb.bc.ca/stats/ 📊 Victoria Real Estate Board - https://www.vreb.org/current-statistics 📊 Bank of Canada Interest Rate Data - https://www.bankofcanada.ca/rates/ 📊 Altus Data Studio Presale Reports 📊 Statistics Canada Housing Data - https://www150.statcan.gc.ca/ 📊 Equifax Canada Credit Trends - https://www.equifax.ca/ 📊 Business in Vancouver Real Estate Coverage - https://www.biv.com/news/real-estate This video provides investment analysis and market education only—not financial advice. Always consult qualified professionals before making real estate decisions. Every claim verified with primary sources. #realestate #realestatemarket #propertymarket Disclaimer: We’re real estate enthusiasts—not licensed agents, appraisers, or financial advisors. All content is based on publicly available data, market observations, and personal opinions, and is shared for entertainment and general information only. Accuracy isn’t guaranteed. Always consult a qualified real estate professional, attorney, or financial advisor before making any property, investment, or relocation decisions.This video provides fact-based analysis without political bias—just economics, data, and real-world impact on families, developers, and the construction industry.