{"id":47405,"date":"2026-05-26T18:48:56","date_gmt":"2026-05-26T18:48:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/case-shiller-yuksek-faizlerin-fedin-faiz-indirimi-beklentilerini-artirmasiyla-mart-konut-fiyat-artisi-tahminleri-asti\/"},"modified":"2026-05-26T18:48:56","modified_gmt":"2026-05-26T18:48:56","slug":"case-shiller-yuksek-faizlerin-fedin-faiz-indirimi-beklentilerini-artirmasiyla-mart-konut-fiyat-artisi-tahminleri-asti","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/case-shiller-yuksek-faizlerin-fedin-faiz-indirimi-beklentilerini-artirmasiyla-mart-konut-fiyat-artisi-tahminleri-asti\/","title":{"rendered":"Case-Shiller: Y\u00fcksek faizlerin Fed\u2019in faiz indirimi beklentilerini art\u0131rmas\u0131yla mart konut fiyat art\u0131\u015f\u0131 tahminleri a\u015ft\u0131"},"content":{"rendered":"

ABD\u2019de S&P\/Case-Shiller konut fiyat endeksleri mart ay\u0131nda y\u0131ll\u0131k bazda (ge\u00e7en y\u0131l\u0131n ayn\u0131 ay\u0131na g\u00f6re) %0,8 y\u00fckseldi. Veri, piyasa beklentisi olan %1\u2019in alt\u0131nda kald\u0131 ve konut fiyat art\u0131\u015f\u0131n\u0131n \u00f6ng\u00f6r\u00fclenden daha yava\u015flad\u0131\u011f\u0131na i\u015faret etti.<\/p>\n

Beklentiye g\u00f6re 0,2 puanl\u0131k (y\u00fczde puan) sapma, fiyat art\u0131\u015f h\u0131z\u0131n\u0131n piyasa uzla\u015f\u0131s\u0131na (genel beklentiye) k\u0131yasla zay\u0131flad\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu veri, ABD konut piyasas\u0131n\u0131n S&P\/Case-Shiller g\u00f6stergeleriyle \u00e7izilen son g\u00f6r\u00fcn\u00fcm\u00fcne eklendi.<\/p>\n

So\u011fuyan Konut Piyasas\u0131 ve Makroekonomik Etkiler<\/h3>\n

Martta y\u0131ll\u0131k konut fiyat art\u0131\u015f\u0131 %0,8 ile %1\u2019lik piyasa beklentisinin alt\u0131nda kald\u0131. Bu durum, konut piyasas\u0131n\u0131n y\u00fcksek faiz oranlar\u0131n\u0131n etkisiyle so\u011fumay\u0131 s\u00fcrd\u00fcrd\u00fc\u011f\u00fcn\u00fc do\u011fruluyor. Bunu ge\u00e7ici bir dalgalanma de\u011fil, ekonomide yava\u015flaman\u0131n par\u00e7as\u0131 olarak g\u00f6r\u00fcyoruz.<\/p>\n

May\u0131s 2026 ba\u015f\u0131ndaki son raporlar da bu tabloyu destekliyor: Nisan ay\u0131nda yap\u0131 ruhsatlar\u0131 (in\u015faata ba\u015flamadan \u00f6nce al\u0131nan resmi izinler) %4,1 geriledi; bu, 2024 sonlar\u0131ndan bu yana en sert ayl\u0131k d\u00fc\u015f\u00fc\u015f oldu. Haftal\u0131k mortgage (konut kredisi) ba\u015fvuru verileri de ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re kal\u0131c\u0131 \u015fekilde %12 daha d\u00fc\u015f\u00fck seyrediyor. Bu da t\u00fcketicinin b\u00fcy\u00fck harcamalarda geri \u00e7ekildi\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc g\u00fc\u00e7lendiriyor.<\/p>\n

Ekonominin kritik bir alan\u0131ndaki bu yava\u015flama, ABD Merkez Bankas\u0131 (Fed) \u00fczerinde para politikas\u0131n\u0131 (faiz ve likidite ad\u0131mlar\u0131n\u0131) ayarlama bask\u0131s\u0131n\u0131 art\u0131r\u0131yor. Piyasan\u0131n, \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek bitmeden faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fck fiyatlad\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. Tarihsel olarak, 2001 ve 2007 durgunluklar\u0131 (ekonomik k\u00fc\u00e7\u00fclme d\u00f6nemi) \u00f6ncesinde g\u00f6r\u00fcld\u00fc\u011f\u00fc gibi, zay\u0131flayan bir konut piyasas\u0131 \u00e7o\u011fu zaman Fed\u2019in y\u00f6n de\u011fi\u015fikli\u011finin (daha gev\u015fek politikaya d\u00f6n\u00fc\u015f\u00fcn) \u00f6ncesinde gelir.<\/p>\n","protected":false},"excerpt":{"rendered":"

ABD\u2019de Case-Shiller martta %0,8 artarak %1 beklentinin alt\u0131nda kald\u0131: Konut fiyatlar\u0131nda ivme kesiliyor. Ruhsatlar %4,1 d\u00fc\u015ft\u00fc, mortgage ba\u015fvurular\u0131 %12 geride; Fed\u2019e faiz indirimi bask\u0131s\u0131 art\u0131yor.<\/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-47405","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\/47405","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=47405"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47405\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}