Website turns in first profit for real estate body (The New Zealand Herald)

Website turns in first profit for real estate body (The New Zealand Herald)
The Real Estate Institute has stemmed big losses on its website, which has made a profit this year for the first time since it was launched almost a decade ago.

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.

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.

Real estate prices firming up in Dhaka (Financial Express)
Real estate dynamics are changing fast in this city. The market, it seems, is moving because of a combination of factors, including the arrival of a clutch of companies looking for the right addresses and a sudden increase in the number of developers of upmarket property.