Government Fine Tuning Real Estate Tax Rates (donga.com)

Government Fine Tuning Real Estate Tax Rates (donga.com)
The government decided that it will apply new real estate policies only to those who are subject to the comprehensive property tax.

Why rising interest rates haven't sunk the real estate market -- yet (Detroit News)
SAN FRANCISCO -- Rising interest rates are supposed to be an economic sedative, but the hyperactive real estate market has retained its vigor even as the prime lending rate has climbed to a nearly four-year high.

German Stocks Fall, Paced by Commerzbank, Hypo Real Estate, AWD (Bloomberg.com)
Aug. 23 (Bloomberg) -- German stocks fell, paced by Commerzbank AG, Hypo Real Estate AG and AWD Holding AG. The benchmark DAX Index slipped 23.95, or 0.5 percent, to 4917.74. Twenty-one stocks fell, seven rose and two were unchanged.

Sotheby's buys Mitchell Group real estate firm (Monterey County Herald)
The long-rumored purchase of The Mitchell Group -- Monterey County's largest independent real estate brokerage -- was culminated at midnight Monday by Sotheby's International Realty Inc.