It certainly looks like the real estate market has peaked, and at least nationally, housing has entered a correction of some kind. What exactly this will look like as we move forward is not fully understood, with mortgage rates pushing some buyers out and a recession potentially creating broad economic pain for both buyers and… The post In This Together: The Importance of Local Relationships in a Downturn appeared first on RISMedia.

Above: 446 Ketch Harbour Road Halibut Bay, Nova Scotia Listed For: $3,175,000 Listed By: Ernie Buote This month, we travel to Canada, where two Leading Real Estate Companies of the World® (LeadingRE) members share insights into their respective markets. DOMUS Realty Halifax, Nova Scotia Dawn Dauphinee, Founder/Broker https://domusrealty.ca Tell us about your firm. Domus has… The post Global Spotlight: Canadian Markets Focus on Lifestyle, Community and Value appeared first on RISMedia.

And just like that, U.S. unemployment has recovered from its pandemic-induced doldrums. However, the labor market is still tight despite seeing significant job growth in July, according to the latest report from the U.S. Bureau of Labor Statistics (BLS). Based on Friday’s BLS data, employers added 528,000 jobs in July—up from 372,000 in June. This… The post U.S. Unemployment Hits Pre-Pandemic Levels as Job Growth Surges in July appeared first on RISMedia.