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Its not supply and Demand its Affordability Issue! Canadians are Broke

604 views · Published 7 August 2018 · 8:47 · Indexed 29 September 2026

Channel: Mike Martins · 2018 · News & Politics

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Hey YouTubers, Mike Martins here – back with another hard-hitting report on Canada’s housing crisis.

We’re heading into uncharted territory in Vancouver. According to a brand-new article from Better Dwelling (July 2025), the Greater Vancouver real estate market just posted its worst July in 18 years.

In this video, we cover:

📉 Home sales down 30.1% year-over-year
📈 Inventory surges 32% from last year
💰 Benchmark price hits $1.087M – slowing growth for 5th straight month
📊 Sales-to-listings ratio collapses to 17.1% – worst since 2014
🧨 Is a correction finally turning into a crash?

This is NOT about supply & demand — it’s about affordability, and I’ve been warning about this for over 7 years on this channel.

👀 Remember: When Vancouver falls, it drags the rest of Canada with it.
Toronto, Kelowna, Kamloops, Victoria — no market is immune.

We are entering the Great Canadian Blame Game Era:
Who’s to blame?
🏦 Banks? 🏘️ Foreign investors? 🧓 Boomers? 🏦 Central planners?

We break it all down.
Leave your thoughts in the comments — and don’t forget to subscribe for real, uncensored analysis.

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📚 SOURCE:
Better Dwelling – “Vancouver Real Estate Sales Hit 18-Year Low, Prices See Slowest Growth Since 2015”

Vancouver Home Sales Hit Lowest July Since 2000”
— Better Dwelling

📰 “Canadian Real Estate Prices Stall as Inventory Climbs”
— CBC News

📰 “Interest Rate Hikes Push Homeowners Into Financial Stress”
— Global News

📰 “Buyers Regret: Record Number of Canadians Underwater on Mortgages”
— Financial Post

📰 “Greater Vancouver's Housing Boom Slows as Listings Surge”
— The Globe and Mail, 

📰 “Vancouver Benchmark Home Price Growth Falls to 2015 Levels”
— Toronto Star, 

📰 “Canada Faces Historic Housing Correction, Economists Warn”
— BNN Bloomberg,

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