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🔥 FREE GUIDE: Avoid the 7 Critical Home Investment Mistakes destroying buyers right now: http://canadahousing.carrd.co Richmond BC's housing market has collapsed with home sales crashing 29% in Q2 2025 according to official City of Richmond statistics. This in-depth investigation exposes how Richmond's residential real estate market went from boom to crisis in just 12 months, with single-family home sales plummeting 29.4% year-over-year while prices remain stubbornly elevated at $2.1 million. We document the three systemic failures that destroyed Richmond's housing market: ultra-low interest rate reversal (from 0.25% to 5%), foreign buyer ban eliminating 7.8% of Richmond purchases, and BC's first population decline since 1951. With mortgage renewal shock hitting 1.2 million Canadian homeowners and Richmond families facing payment increases of $1,000-$1,500 monthly, this housing crisis will reshape Metro Vancouver real estate for a generation. This analysis reveals how Richmond became ground zero for British Columbia's housing correction, with townhouse sales down 20.5%, condo sales down 20.6%, and properties sitting unsold for 30-50 days—a stark contrast to the sub-7-day sales of 2021. Expert data from Canada Mortgage and Housing Corporation (CMHC), Greater Vancouver Realtors, and Royal LePage surveys exposes the mortgage payment shock, investor exodus, and demographic reversal that crashed Richmond's $4 billion annual real estate market. SOURCES: Richmond News (August 28, 2025) - Official Q2 2025 sales data Canada Mortgage and Housing Corporation - Mortgage renewal statistics Greater Vancouver Realtors - Regional market analysis Royal LePage Survey (February 2025) - Homeowner payment stress data City of Richmond Official Statistics - Transaction volumes Real Estate Institute of Canada - Foreign buyer impact data #realestate #britishcolumbia #richmond #canada 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.