Susan Doran

Canada and New Zealand are almost as far apart on the planet as it’s possible to get. Yet we share remarkably similar housing markets. Although you wouldn’t know it now, not long ago New Zealand was a country with a soft-touch real estate sector. The island nation’s previous light regulatory approach led to high investment, increased foreign ownership, supply challenges and soaring costs, with home prices now often more than nine times the average household income.

Australian real estate developer Emil Juresic is selling his Brisbane mansion due to fears AI will crash the global market. (Source: NGU Real Estate) “This is going to sound stupid,” Australian property mogul Emil Juresic announced publicly not long ago. The Queensland-based developer went on to reveal that he’s selling off all of his personal property holdings, including his $25-million mansion, due to fears that artificial intelligence could crash the global real estate market in the short term.

The goal of living in harmony with nature regrettably seems to be something we don’t hear about as much as we used to, especially with the unrest in the world taking precedence. In the home landscaping market, though, it’s a concept that’s beginning to gain ground. Awareness is building around hardy, drought-resistant native plants and other green-minded approaches that appeal to potential buyers interested in sustainability, low maintenance, and reduced water costs.