Mirvac Group Says Residential Property Sales Activity, Inquiry Moderated in Fiscal Q4; Shares Up 7%

MT Newswires Live

08/19

Mirvac Group (ASX:MGR) said the residential property market's sales activity and inquiry moderated in the fourth quarter of fiscal 2026, according to a Wednesday Australian bourse filing.

Demand in Queensland and Western Australia remains resilient, but conversion has moderated in New South Wales and Victoria, the company said. Victoria's relative affordability significantly improved.

Its shares rose past 7% in recent trading on Wednesday.

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Victoria's relative affordability significantly improved.</p><p>Its shares rose past 7% in recent trading on Wednesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA.SI","symbol_name":"NikkoAM-STC Asia REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2660155994","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2660155994","pubTimestamp":1787102231,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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