ABD\u2019de mevcut konut sat\u0131\u015flar\u0131 Mart\u2019ta ayl\u0131k bazda %3,6 geriledi. Bir \u00f6nceki ayda %1,7 art\u0131\u015f g\u00f6r\u00fclm\u00fc\u015ft\u00fc.<\/p>\n
En son veri, ay i\u00e7inde b\u00fcy\u00fcmeden d\u00fc\u015f\u00fc\u015fe d\u00f6n\u00fc\u015fe i\u015faret ediyor. Veriler, Mart ay\u0131n\u0131 bir \u00f6nceki ay\u0131n a\u00e7\u0131klanan de\u011fi\u015fimiyle kar\u015f\u0131la\u015ft\u0131r\u0131yor.<\/p>\n
Mart\u2019taki sert %-3,6\u2019l\u0131k d\u00fc\u015f\u00fc\u015f\u00fc net bir uyar\u0131 sinyali olarak g\u00f6r\u00fcyoruz. Bu tablo, \u015eubat\u2019taki k\u0131sa s\u00fcreli iyimserli\u011fi tersine \u00e7eviriyor ve konut piyasas\u0131nda k\u0131r\u0131lganl\u0131\u011f\u0131n yeniden artt\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu zay\u0131fl\u0131k, hanehalk\u0131 harcamalar\u0131nda (t\u00fcketicinin toplam harcama e\u011filimi) daha geni\u015f bir yava\u015flaman\u0131n erken i\u015fareti olabilir.<\/p>\n
Konut taraf\u0131ndaki zay\u0131fl\u0131k, do\u011frudan konut kredisi faizlerindeki (mortgage: konut sat\u0131n almak i\u00e7in kullan\u0131lan uzun vadeli kredi) y\u00fckseli\u015fe ba\u011fl\u0131. Freddie Mac\u2019in son verisine g\u00f6re 30 y\u0131l vadeli sabit faizli mortgage oran\u0131 yeniden %7,1\u2019e \u00e7\u0131kt\u0131. Bu durum, ABD Merkez Bankas\u0131\u2019n\u0131 (Fed) zor bir pozisyonda b\u0131rak\u0131yor; \u00f6zellikle ge\u00e7en haftaki y\u0131ll\u0131k %3,2 seviyesindeki T\u00dcFE (CPI: t\u00fcketici fiyat endeksi, enflasyon g\u00f6stergesi) verisinin hedefin \u00fczerinde kalmas\u0131 sonras\u0131nda. Piyasa, bu y\u0131l olas\u0131 faiz indirimlerinin zamanlamas\u0131n\u0131 yeniden de\u011ferlendirmek zorunda kalabilir.<\/p>\n
Bu \u00e7er\u00e7evede, konutla ba\u011flant\u0131l\u0131 hisselerde daha temkinli (savunma ama\u00e7l\u0131) se\u00e7eneklere bak\u0131yoruz. \u00d6rne\u011fin, konut in\u015faat \u015firketlerini i\u00e7eren ETF\u2019ler (borsada i\u015flem g\u00f6ren fon) \u00fczerinde put opsiyonu (fiyat d\u00fc\u015f\u00fc\u015f\u00fcne kar\u015f\u0131 koruma sa\u011flayan, d\u00fc\u015f\u00fc\u015ften kazan\u00e7 hedefleyen t\u00fcrev \u00fcr\u00fcn) almak de\u011ferlendirilebilir; ITB gibi fonlar bu d\u00fc\u015f\u00fc\u015fe do\u011frudan duyarl\u0131. Finans sekt\u00f6r\u00fcnde de zay\u0131fl\u0131k riski g\u00f6r\u00fcyoruz; \u00f6zellikle mortgage kulland\u0131r\u0131m\u0131 (kredi tahsisi) y\u00fcksek bankalarda.<\/p>\n","protected":false},"excerpt":{"rendered":"
ABD\u2019de konut sat\u0131\u015flar\u0131 Mart\u2019ta %3,6 d\u00fc\u015ft\u00fc: alarm zilleri \u00e7al\u0131yor! Mortgage faizi %7,1\u2019e \u00e7\u0131kt\u0131, \u015eubat iyimserli\u011fi s\u00f6nd\u00fc. Fed bask\u0131da; t\u00fcketimde yava\u015flama riski. ITB\u2019de put d\u00fc\u015f\u00fcn\u00fclebilir. Bankalarda risk.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-44490","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=44490"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44490\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}