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

08/28/2026

That still is the 7am pile-up. Tenant text. Then the plumber. Then the owner.

I put a short AI lesson in our free community for Realtors for that gap. One prompt. Three messages. You get the morning back.

It does not write a legal notice. It does not promise a fix time.

The prompt stays in the lesson. I’m not posting the copy-paste block here.

If you want in, email me at [email protected]. I’ll add you.

Alex Lam
Coldwell Banker Prestige Realty

08/27/2026

People heard Vancouver housing starts fell 42 percent and picked a side.

Half said that’s the next shortage. Half said the product is the wrong size and the wrong price. Both can talk. Neither is the CMHC number.

CMHC counted July starts in the Vancouver CMA at 1,810. Same month last year: 3,108. Toronto was down 10. Montreal was up 3.

A start is concrete in the ground, not a listing, not a resale price.

Mike Drummond at UDI called it the worst housing market and housing downturn in 30 years. Andy Yan at SFU ran his own math, not CMHC’s: about 70 percent of the condos already built and not sold in Vancouver are over a million.

I’m not forecasting a crash and I’m not forecasting a squeeze. The ad price and the start count are different files.

If you’re trying to buy, sell, or sit tight through this, email me. I’ll walk your address, not the headline.

[email protected]

Alex Lam
Coldwell Banker Prestige Realty

08/26/2026

You bought it to live in. Now you’re the landlord.

The rent in the ad is a hope. The payment is mortgage, strata, and tax. Different number.

Metro Vancouver apartment benchmark, July: $688,000, down 7.5% year over year. That is not a crash print.

Selling at a loss and becoming a landlord you never wanted are both real. Neither is a print.

If you rent it out too soon, first-time buyer incentives can be affected. That is a caution, not tax advice.

If you’re already in it, a manager is the job you didn’t want.

You didn’t train for this job.
Get a free rental market evaluation.
[email protected]
778-898-2539
Coldwell Banker Prestige Realty

08/25/2026

Last official monthly report. July 2026. Not rents today.

Both things are true.

Asking rents are down. North Vancouver is still Canada’s most expensive city on that list, at $3,019 asking. That is not a crash.

Vancouver apartments and condos: $2,677, −4.5% year over year. Provincial all-types also −4.5%. Two Rentals.ca cuts. Boyle cited the provincial number.

The rent in the ad is falling. The rent a tenant already pays is not.

Match incentives on a vacant unit. Don’t pretend in-place rent fell 4.5%.

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

08/21/2026

The showing went fine.
The follow-up sat until tomorrow.

That’s the leak. Not the tour. The two hours after.

I put a short AI lesson in our free community for that gap. You dump messy notes. Before you leave the block, you get three things: a text under 40 words, a 3-line email, and one next step.

Not “hope you loved it.” Something that sounds like you.

A Lonsdale 2-bed. They lit up at the kitchen and the walk to the quay. They stalled on the strata fee. That detail belongs in the text. The rest can wait.

The prompt stays in the lesson. I’m not posting the copy-paste block here.

There’s a second short one on what you should not paste into a chat. IDs. Full contracts. Other people’s emails. Read that before you dump a file.

If you want in, email me at [email protected]. I’ll add you to the community.

Alex Lam
Coldwell Banker Prestige Realty

08/20/2026

Vancouver started 42% fewer homes in July. CMHC named the city in the national release.

That number is Vancouver CMA, not a board sales count.

Starts are smaller. The pipeline is still large. Resale choice this fall is the inventory that already exists.

CREA’s Shaun Cathcart: Lower Mainland markets that were buyers or borderline buyers’ have largely shifted back into balance.

The national average price is not Vancouver.

Book a consult and we will walk your neighbourhood, not the national average.
alexlam.net · [email protected] · 778-898-2539

08/19/2026

Just rented in Burnaby.

3107 4711 Hazel Street
$2,100 / month

1 bedroom, 1 bathroom, 31st-floor high-rise condo in Metrotown. Steps to Metropolis, SkyTrain, shops, and restaurants.

We have qualified tenants looking for homes like yours.

I’m not quoting a rent number for your property off this post. That’s what the free rental market evaluation is for.

Tired of renting out your own properties? Get a free rental market evaluation.

[email protected] 778-898-2539

Rentals by Coldwell Banker Prestige

08/17/2026

Most of B.C. improved from June. The lag is the Lower Mainland.

BCREA, July 2026 (released Aug 13):
• 6,561 residential MLS sales (−6.7% vs July 2025)
• Average $929,619 (−1.3%)
• 18.8% below the 10-year July average

Brendon Ogmundson, BCREA: seasonally adjusted sales rose from June across most of B.C. Weakness stayed concentrated in the Lower Mainland.

Do not treat 6,561 as your street. BCREA Fraser Valley is 1,025 (−7.3%). Do not mix that with a different Fraser Valley board count.

Want the Lower Mainland read, not the provincial blend? Book a consultation. alexlam.net · [email protected]

Source: BCREA, Aug 13 2026.

08/16/2026

Just rented in Coquitlam.

119 3000 Riverbend
$4,300 / month

5 bedrooms, 3 bathrooms, 2-level family home backing onto greenbelt. Quiet neighbourhood. Close to transit, schools, parks, and shops.

If you own a place like this — or you’ve been self-managing and you’re done with it — this is the kind of home we’re placing tenants in.

We have qualified tenants looking for homes like yours.

I’m not quoting a rent number for your property off this post. That’s what the free rental evaluation is for.

Thinking of renting out your property? Get a free rental evaluation.
[email protected]
778-898-2539

Rentals by Coldwell Banker PrestigeJust rented in Coquitlam.

119 3000 Riverbend
$4,300 / month

5 bedrooms, 3 bathrooms, 2-level family home backing onto greenbelt. Quiet neighbourhood. Close to transit, schools, parks, and shops.

If you own a place like this — or you’ve been self-managing and you’re done with it — this is the kind of home we’re placing tenants in.

We have qualified tenants looking for homes like yours.

I’m not quoting a rent number for your property off this post. That’s what the free rental evaluation is for.

Thinking of renting out your property? Get a free rental evaluation.
[email protected]
778-898-2539

Rentals by Coldwell Banker Prestige

08/15/2026

Just Sold, in a tough market in 14 days. Strong work ethic can beat a bad market and yield great results. Reach out if you have any plans on selling.

Address

#310/638 Broughton
Vancouver, BC
V6G3K3

Telephone

+17788982539

Website

https://www.alexlam.net/

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