It can be both. If he's really good at teasing you then he might only be playing with you, so beware of that.
Tease him back, and slip a question in to try to pick up his true feelings. E.g. "so, are you gonna ask me out, or do you want me to beg?" (That's a silly example, but you get the idea.)
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It depends, if it's like playful teasing then yes they probably do like you. I used to do this to girls, just enough to get them a little annoyed at you, and funny/playful enough that they want to keep you around and actually like being teased.
it depends. my friend and I tease one another constantly and we're not attracted to one another at all.
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It could mean friendship but teasing usually leans more on the "more than friends" side.
i believe so
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