Anthony Collingwood didn't know how true his words would prove to be when he abused former Blue Chip boss Mark Bryers at the Auckland District Court. "I hope you feel good putting me out in the street, boy..."

Embattled property developer Nigel McKenna has suddenly ditched a creditors' compromise scheme.

Some Christchurch suburbs will be left as virtual residential wastelands, while townships on the city's fringe are bracing for an influx of new residents.

Real estate agents will be sticking pins into Mike Pero wax dolls, says one industry commentator, as the entreprenuer cuts commission rates for his new venture.

A warrant has been issued for the arrest of Blue Chip's Mark Bryers for non-payment of a fine.

They won't advertise it, but many real estate agents are already offering cut-price commissions in a bid to secure sales, says a leading property commentator.

Demand for rental property in Auckland is at crisis point, with some houses now attracting as many as 200 would-be tenants.

The Real Estate Agents Authority has laid charges against a Wellington property company for allegedly buying and selling property without a licence.