Alex Lam Personal Real Estate Corporation

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Alex Lam Personal Real Estate Corporation Realtor with 18+ years experience, Coldwell Banker Prestige Realty. Helping locals and friends find their dream home.

Helping sellers get maximum dollar for their real estate portfolio. Realtor - Property Manager - Life Insurance - Managing Broker

Vancouver condo apartment starts fell 40% further in H1 2026 — weakest first half since 2011. Soft ≠ crash. Pipeline wat...
10/09/2026

Vancouver condo apartment starts fell 40% further in H1 2026 — weakest first half since 2011. Soft ≠ crash. Pipeline watch, not a crash call.

CMHC Fall 2026 Housing Supply Report. Posting 8 October 2026.

Rental ~60% of 2026 starts (vs under 20% in 2016). Unsold concentrated in Surrey, City of Vancouver, Burnaby (Burnaby strongest growth). Starts 5,000–7,000 units/yr below need by 2036.

Not a resale crash claim. Not MLS. Not a 2027–28 price forecast. Soft demand today ≠ stop watching ownership supply.

Newbuild colour (not CMHC): 18 Metro presales cut starting prices / 11 raised; 2027 completions 14,382 vs 22,017 in 2026 (−35%).

Watching starts — or only today’s list prices?

https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/housing-market/housing-supply-report

[email protected]

Not mortgage, legal, or investment advice.

Alex Lam
Coldwell Banker Prestige Realty

Fraser Valley detached benchmark is now $460,000 below its March 2022 peak — more choice for buyers, not a crash.FVREB S...
10/08/2026

Fraser Valley detached benchmark is now $460,000 below its March 2022 peak — more choice for buyers, not a crash.

FVREB September 2026 (released Oct 5). Soft ≠ crash.

Detached $1,300,000 (−1.5% MoM / −8.8% YoY). Townhome $745,300 (−0.7% / −6.2%). Apartment $461,800 (−0.9% / −9.3%).

Sales 922 (−2% MoM / −4% YoY). Active 9,763 (+31% vs the 10-year seasonal average). New listings 2,818. Days: condo 46 · detached 45 · townhome 38. Buyer’s market.

Chair Ishaq Ismail: single-family benchmark $460,000 below March 2022 peak.

Watching Surrey / Langley — or waiting for spring?

https://www.globenewswire.com/news-release/2026/10/05/3374593/0/en/more-choice-lower-prices-giving-hesitant-fraser-valley-homebuyers-options.html

[email protected]

Not mortgage, legal, or investment advice.

Alex Lam
Coldwell Banker Prestige Realty

Election rental promises ≠ today’s RTA. Here’s the scorecard — education only, not legal advice.Posting Wed 7 Oct 2026. ...
10/07/2026

Election rental promises ≠ today’s RTA. Here’s the scorecard — education only, not legal advice.

Posting Wed 7 Oct 2026. Election Day Oct 24; advance Oct 16–21.

Campaign (not law): Greens — vacancy control; RTB hold deposits; RTB rent review; no blanket no-pets. NDP — SVT 1%→2% domestic / 4%→5% foreign + unsold condo tax. OneBC — block municipal rent control. Conservatives — lower cost of building/buying, no new taxes; full rental / rent-control plan still not released (“coming soon”).

Law today: 2026 rent cap 2.3% (not 2027’s 2.2%). Security deposit max ½ month. Landlord generally 15 days after forwarding address to return or file; tenant may be awarded double. Move-in condition report copy to tenant within 7 days — or landlord loses right to claim against deposits for damage.

Promises ≠ law. Neutral. Not legal or tax advice.

Landlord or tenant — which rule surprised you?

Live: 1281 W Cordova #2803 — Callisto, Coal Harbour — 2 bed / 2 bath — $5,300/mo — unfurnished — avail Nov 1 2026 — ~1,258 sqft — 2 parking + locker.

Tired of renting out your own properties? Get a free rental market evaluation.
[email protected]
778-898-2539
Rentals by Coldwell Banker Prestige

https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/ending-a-tenancy/returning-deposits
https://www2.gov.bc.ca/gov/content/housing-tenancy/residential-tenancies/starting-a-tenancy/condition-inspections/move-in-condition-inspection

Alex Lam
Coldwell Banker Prestige Realty

10/05/2026

Metro Vancouver sales fell 8.4% in September. The board says the weakness is basically apartments.

Greater Vancouver REALTORS: 1,717 sales (−8.4% year over year; −25% versus the 10-year seasonal average). Apartments 777 (−18.6%). Detached 575 (+4.2%). Attached 358 (+0.6%). Overall sales down hides that detached and attached finished slightly up.

Composite benchmark $1,075,900 (−5.5% year over year; −0.6% month to month). Soft is not a crash.

Inventory 16,394 (−4% versus last September; +24.3% versus the long-term average). More choice than a typical year, not more than last year.

Source: Greater Vancouver REALTORS, September 2026.
https://www.gvrealtors.ca/news/apartments-lead-sales-downward

Questions on a building or a deal: [email protected]

Not investment advice.

Alex Lam

UBS ranked Vancouver among the world’s weakest housing markets on price. Weak, yes — tumbling down, no.UBS GREBI 2026 (S...
10/02/2026

UBS ranked Vancouver among the world’s weakest housing markets on price. Weak, yes — tumbling down, no.

UBS GREBI 2026 (Sep 22): real house prices down roughly −10% over the past year. Bubble risk for Vancouver now moderate. Bank index — not MLS, not CMHC.

Soft ≠ crash. Correction ≠ crash theatre.

[email protected]

Not mortgage, legal, or investment advice.

https://www.ubs.com/global/en/media/display-page-ndp/en-20260922-grebi26.html

Alex Lam
Coldwell Banker Prestige Realty

Eby floated a tax on unsold new condos — 2% base, rising each year they’re empty. Campaign proposal. Not law yet. No sta...
10/01/2026

Eby floated a tax on unsold new condos — 2% base, rising each year they’re empty. Campaign proposal. Not law yet. No start date in the announcement.

Sep 25 coverage: +1 pp/year after 1 year empty. Speculative Vacancy Tax hike floated — domestic 1%→2%, foreign to 5%. Not a passed bill. Do not invent exemptions or a start date.

Soft ≠ crash. Unsold stock is real. A campaign tax is a proposal until there’s a law and a date.

[email protected]

Not tax, legal, or investment advice.

https://dailyhive.com/vancouver/bc-ndp-unsold-condominium-tax-proposal

Alex Lam
Coldwell Banker Prestige Realty

New StatsCan: more than 1 in 3 mortgage holders say payment increases caused financial difficulty.Canadian Housing Surve...
09/30/2026

New StatsCan: more than 1 in 3 mortgage holders say payment increases caused financial difficulty.

Canadian Housing Survey 2024 (Daily Sep 21 2026): 36.2% of mortgage holders reported difficulty from higher payments (was 28.3%). Unaffordable households 23.2% (was 22.0%). Owners with a mortgage 26.1%.

CHS ≠ CHSP. Soft ≠ painless renewals. National figures only.

Not mortgage advice.

[email protected]

https://www150.statcan.gc.ca/n1/daily-quotidien/260921/dq260921a-eng.htm

Alex Lam
Coldwell Banker Prestige Realty

Metro 1-bedroom asking rents are down almost 4% year over year — but Vancouver proper is still up.liv.rent Sep 2026: Met...
09/29/2026

Metro 1-bedroom asking rents are down almost 4% year over year — but Vancouver proper is still up.

liv.rent Sep 2026: Metro unfurnished 1BR $2,085 (−3.95% YoY). Vancouver $2,328 (+3.32% — only city up). Richmond $1,996 (−12.19%).

Asking ≠ paid. Soft≠crash — Van firm, Richmond cooled. Same Metro, different cities.

Tired of renting out your own properties? Get a free rental market evaluation.
[email protected]
778-898-2539
Rentals by Coldwell Banker Prestige

https://liv.rent/blog/rent-reports/september-2026-metro-vancouver-rent-report/

Not legal advice.

Alex Lam
Coldwell Banker Prestige Realty

Renting in a strata? You can go to council (and the CRT) — you don’t have to wait on the RTB first.Condo Smarts / CHOA: ...
09/28/2026

Renting in a strata? You can go to council (and the CRT) — you don’t have to wait on the RTB first.

Condo Smarts / CHOA: quiet enjoyment applies like owners. Bylaws apply to everyone. Council must enforce whether the complaint is from an owner or a tenant.

Keep the landlord informed. Education only. Not legal advice.

Tired of renting out your own properties? Get a free rental market evaluation.
[email protected]
778-898-2539
Rentals by Coldwell Banker Prestige

https://theprovince.com/life/homes/condo-smarts-what-strata-tenants-need-to-know-about-their-rights-and-responsibilities

Alex Lam
Coldwell Banker Prestige Realty

BC just paused the Oct 1 PST hit on non-residential real estate commissions. The exemption stays — for now.Planned Oct 1...
09/25/2026

BC just paused the Oct 1 PST hit on non-residential real estate commissions. The exemption stays — for now.

Planned Oct 1 expansion of 7% PST to professional services is paused. Non-res RE commissions exemption stays. Soft pause ≠ cancelled. No firm restart.

Non-residential only. Not tax advice.

https://news.gov.bc.ca/releases/2026PREM0034-001089

[email protected]

Alex Lam
Coldwell Banker Prestige Realty

Address

#310/638 Broughton
Vancouver, BC
V6G3K3

Telephone

+17788982539

Website

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