Challenge the validity of someone's claim and provide alternative data to support an alternative perspective.
Your claim is completely unsupported. Throwing numbers around doesn't constitute the truth. Raincouver RE board reports that sales overall in June tanked 11.5% y/y and sales was lower by more than 10% from the month before. Detached home sales slumped a hefty 15% and prices were flat.  The story is  about the  misguided dumb Millennial, escalating condo sales higher, hiding a real deterioration in the broader market. Sales-to-listings ratio was 93.2% for condos resulting in bidding wars, but just 24% for detached. You want to know the cause behind Canadian RE market? Look in to mirror dumbass and apologize to Chinese.