B.C. Premier PANICS After Victoria Housing Market PLUMMETS! скачать в хорошем качестве

B.C. Premier PANICS After Victoria Housing Market PLUMMETS!

Victoria's housing market is collapsing. With 350 unsold condos sitting empty, construction starts down 33%, and major developments in Langford facing court-ordered foreclosure, British Columbia's capital region is experiencing a real estate crisis that's spreading fast across Vancouver Island. 🏚️ In this investigation, we expose how Greater Victoria's housing market crash is destroying families, developers, and entire neighborhoods. The Langford Gateway project—a $11.5 million land assembly—was cancelled after 4 years, leaving behind demolished homes, rubble, and neighbors watching their property values plummet. Ridgeview Place, an 11-storey tower, was vacated twice due to structural problems and remains empty today. 📊 VICTORIA HOUSING MARKET DATA (2025): 350 unsold condos (double from 2024) - CMHC Condo sales down 18.5% year-over-year - Victoria Real Estate Board Housing starts crashed 33% YTD - Greater Victoria Benchmark condo prices: $547,500 (-1.1% YoY) Construction permits down across Metro Victoria The BC housing crisis is hitting Vancouver Island harder than expected. From Victoria's core to Langford, Colwood, and Saanich, the real estate market collapse is accelerating. Court-ordered sales, developer bankruptcies, and project cancellations reveal an industry in freefall. 📰 SOURCES: Canada Mortgage and Housing Corporation (CMHC) Victoria Real Estate Board Victoria Times Colonist CHEK News TD Economics BC Real Estate Association #realestate #britishcolumbia #victoria 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.