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.


NOW SOLD:  Yaletown one bedroom suite

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

Another home SOLD by Norman Lum

Information Sheet



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

Rising mortgage rates brought uncertainty and caution in 2022

After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation.

     “The headline story in our market in 2022 was all about inflation and the Bank of Canada’s efforts to bring inflation back to     target by rapidly raising the policy rate. This is a story we expect to continue to make headlines into 2023, as inflationary pressures remain persistent across Canada,”

Andrew Lis, REBGV Director, economics and data analytics

Last year’s sales total was 13.4 per cent below the 10-year sales average.

Last year’s listings total was 3.2 per cent below the region’s 10-year average.

“Closing out 2022, the data show that the Bank of Canada’s decisions to increase the policy rate at seven of the eight interest rate announcement dates in 2022 has translated into downward pressure on home sale activity and, to a lesser extent, home prices in Metro Vancouver,” Lis said.

“While the consensus among many economists and forecasters suggests the Bank of Canada may be near the end of this tightening cycle, rates may remain elevated for longer than previously expected since the latest inflation figures aren’t showing signs of abating quickly. We’ll watch the 2023 spring market closely to see if buyers and sellers have adjusted to the higher borrowing-costs and are participating more actively in the market than we have seen over the last 12 months.”