Stockland's new housing inquiries, a leading indicator of future sales, fell to 10,452 in the three months to September, almost half the 20,183 recorded in the December quarter. That is the lowest level since the September quarter of 2020 and the lowest in at least seven years. The company, the country's largest listed diversified developer, linked the decline to higher interest rates, rising construction costs and broader economic uncertainty that have stifled demand from potential buyers.
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AUD/USD
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 0.69462 |
| Change that session | +0.35% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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