It was the most expensive residential property deal ever. It was among the most controversial. And now it is the most disastrous.

Police have called off the search for missing multi-millionaire and former Brierley executive Herman Rockefeller in the area where his car was found.

Herman Rockefeller, the businessman at the centre of a missing person mystery in Australia is the former chief financial officer of Brierley Investments, based in New Zealand.

Auckland is fast catching Queenstown again as the least affordable region in New Zealand.

The first decade of the 21st century was a good period for the New Zealand economy.

Carter Holt Harvey is putting 29 dairy farms on the market, asking $224.5 million in the biggest single offering of farm land seen in NZ.

House prices have hit an all-time high but economists remain sceptical, saying higher mortgage interest rates are dampening the market.

Quotable Value figures show a dramatic and unexpected turnaround in property values in the past 12 months.

Speculators are likely to be behind yesterday's 22 per cent price rebound in Allied Farmers, say market commentators.

Harcourts CEO has predicted a marked improvement in property prices in provincial and coastal areas in 2010.

An elite number of homeowners shelled out over $3m for new homes in the past year, despite being in the midst of a credit crunch.

House prices across New Zealand rose a slim 0.2 per cent in November, says the Real Estate Institute, but those in Auckland have soared nearly 12 per cent over the past year.

Giant Mitre 10 at Henderson changes hands for $20m.

Cafes and restaurants prove irresistible to smaller investors.

Hanover Finance has returned fire on the Shareholders Association's Bruce Sheppard.

Victims of property investor Blue Chip and those disenchanted with paying high leasehold fees are offering units for sale today.

Two years on from the heady days of 2007, Devonport has weathered the property bust better than anywhere else in Auckland.

Lombard Finance receiver PricewaterhouseCoopers says investors will receive a repayment later this month of 6.5 cents for every dollar invested.

Auckland's house price surge has prompted a warning that over-valuations are creating a bubble that will burst.

Auckland property has now recovered all the losses experienced over the past two years, says real estate company Barfoot & Thompson.

The company behind Wellington's $100 million Holiday Inn has collapsed.