Fears of a mass investor exodus from the property market as a result of Budget tax changes have failed to materialise, but many landlords are ready to put up rents.

Allied Farmers says it has has conditional agreement to sell the second stage of the Five Mile property development in Queenstown.

The tropical playground-style Parnell mansion of wealthy Hanover co-founder Mark Hotchin is said to have sold for about $4 million.

The Auckland bed and breakfast that quoted a Yorkshire woman NZ$1600 a night for a room during the Rugby World Cup is being put up for sale.

What do you think is the country's most expensive street? The answer might surprise you.

The Government has embarked on a path to abolish building depreciation on virtually every building type and could hit depreciation claims on commercial building fit-outs in future, says Bayleys Valuations director John Freeman.

A community in an idyllic coastal spot has been told it must leave within a year.

The trend for new housing consents jumped 15.5 per cent in April, to reach the highest level in two years, says Statistics New Zealand.