What Norman will do for you…

“I won’t always tell you what you want to hear… but I will always tell you what you need to know.”

  1. What do Realtors do? Norman protects and promotes your interests with agency. Ask him about the ‘Working with a Realtor’ brochure.
  2. Are Realtors licensed to practice real estate? Norman has been licensed to practice real estate for over 40 years.
  3. Are Realtors members of a professional association? Norman is a member of the Real Estate Board of Greater Vancouver, BCREA and CREA. He has qualified for the prestigious real estate professional designation of the RIBC, FRI as well as a B.Comm., in Urban Land Economics from UBC.
  4. Do Realtors adhere to a code of ethics? Yes, Norman pledge to adhere to the Realtor Code of Ethics.
  5. What commitment do I get that Realtors will do what they say? Norman put his duties and obligations in writing.
  6. How will Realtors help me through the process of buying and selling property? Norman listens, discusses, prepares and explains.
  7. How do Realtors keep me informed about what is going on? Norman communicates based on clients needs.
  8. What do Realtors do to stay on top of changes in the industry? Norman, university educated in urban land economics and finance, meet mandatory education requirements as well as consistently taking in-house training.
  9. What is MLS? Norman use the MLS to help client buy and sell properties.
  10. How much will this cost me? Norman explains and outlines the costs involved so you know the bottom line before you buy or sell.

Monthly Housing Market Update

Market Insights

Led by slow sales in the apartment segment, home sales registered on the MLS® in Metro Vancouver* were down nearly four per cent in May compared to last year.

“While attached sales held relatively steady and detached sales edged up roughly one per cent in May, apartment sales were down about seven per cent year-over-year, which weighed down the overall sales total. Even then, apartment sales were not down uniformly across all regions – some of the larger areas such as North and East Vancouver saw increases relative to last year.” Lis said.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 16,917, a one per cent decrease compared to May 2025 (17,094). This is 34.6 per cent above the 10-year seasonal average (12,567).

“Price trends across all housing types were flat month-over-month, as a healthy level of inventory easily absorbed the relatively muted level of overall demand in the market,” Lis said. “Year-to-date, sales have come in just shy of our forecast to this point in the year. With demand tracking our forecast so closely, it’s reasonable to expect a calm and orderly summer market, as no obvious near-term catalysts loom over the horizon to move the market significantly in either direction.”

Andrew Lis, GVR director of economics and data analytics
*  Areas covered by Greater Vancouver REALTORS® include: Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody, Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.