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 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.
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Featuring:

NOW SOLD:  Yaletown one bedroom suite

#409-1133 Homer St, Vancouver  List price $625,000

Another home SOLD by Norman Lum

Information Sheet

FloorPlan

Vtour

Be part of the amazing urban lifestyle in historic and hip Yaletown. The H&H Complex is a short stroll to the heart of Vancouver’s trendiest eateries, nightlife, and shopping boutiques.

A gorgeous 1 bedroom with quality finishing and a timeless teak brown and creamy white colour scheme. A chef’s inspired kitchen with gas stove, innovative cabinets, high end SS appliances, stone countertops, stainless steel backsplash, gooseneck faucet, recessed halogen lighting and an extra-large under-mount sink for that clean counter look.

In the bathroom, the bold stainless-steel faucet adorns the spa-white under-mount sink and the relaxing bathtub comes with armrests.

This unit features a highly efficient layout. Examples: the flex room can be used as a workstation or storage; bedroom with a cheater ensuite; double walk-through closets & a dual access balcony overlooking a lush green tree-lined street.

Amenities include a fitness centre, bike rooms, rooftop garden with playground and separate pet friendly area, party room (with full kitchen facilities) and rear lane driveway for easy drop-off/pickups. Insuite laundry and 1 underground parking space #179. Yaletown Skytrain station only minutes away.


Latest Real Estate Reports in your area:

Latest Stats  Report for: Metro Vancouver

Latest Stats  Report for: Vancouver East

Latest Stats  Report for: Vancouver West

Latest Stats  Report for: Richmond

Latest Stats  Report for: Burnaby North

Latest Stats  Report for: Burnaby South

Latest Stats  Report for: Whistler

Monthly Housing Market Update

Home buyer demand returning to more typical levels

Home buyer demand in Metro Vancouver* returned to more historically typical levels in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and a 25.6 per cent decrease from the 4,344 homes sold in March 2022.

Last month’s sales were 1.5 per cent above the 10-year April sales average.

“Over the last two months, we’ve seen home sales ease down from the record-breaking pace of the last year. While still a small sample size, the return to a more traditional pace of home sales that we’ve experienced so far this spring provides hopeful home buyers more time to make decisions, secure financing and perform other due diligence such as home inspections.”

Daniel John, REBGV Chair

There were 6,107 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in April 2022. This represents a 23.1 per cent decrease compared to the 7,938 homes listed in April 2021 and an 8.5 per cent decrease compared to March 2022 when 6,673 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,796, a 14.1 per cent decrease compared to April 2021 (10,245) and a 15.3 per cent increase compared to March 2022 (7,628).

“With interest rates climbing and the total inventory of homes for sale inching higher each month, it’s important to work with your local Realtor to understand how these factors could affect your home buying or selling situation.” John said.

For all property types, the sales-to-active listings ratio for April 2022 is 36.7 per cent. By property type, the ratio is 25.3 per cent for detached homes, 47.1 per cent for townhomes, and 45 per cent for apartments.