Why rising interest rates haven't sunk the real estate market -- yet (Detroit News)

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 12.94 points, or 0.3 percent, to 4928.75 as of 2:40 p.m. in Frankfurt, with 28 stocks falling, one stock rising and one unchanged.

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.

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.