{"id":49248,"date":"2026-06-02T06:57:58","date_gmt":"2026-06-02T06:57:58","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/avustralyada-yapi-ruhsatlari-nisanda-34-dustu-konut-arz-hatti-zayiflarken-rbanin-faiz-artirimi-beklentileri-de-torpulendi\/"},"modified":"2026-06-02T06:57:58","modified_gmt":"2026-06-02T06:57:58","slug":"avustralyada-yapi-ruhsatlari-nisanda-34-dustu-konut-arz-hatti-zayiflarken-rbanin-faiz-artirimi-beklentileri-de-torpulendi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/avustralyada-yapi-ruhsatlari-nisanda-34-dustu-konut-arz-hatti-zayiflarken-rbanin-faiz-artirimi-beklentileri-de-torpulendi\/","title":{"rendered":"Avustralya\u2019da yap\u0131 ruhsatlar\u0131 Nisan\u2019da %3,4 d\u00fc\u015ft\u00fc; konut arz hatt\u0131 zay\u0131flarken RBA\u2019n\u0131n faiz art\u0131r\u0131m\u0131 beklentileri de t\u00f6rp\u00fclendi"},"content":{"rendered":"<p>Avustralya\u2019da in\u015faat ruhsatlar\u0131 Nisan ay\u0131nda ayl\u0131k bazda %3,4 geriledi ve piyasadaki %1,5\u2019lik d\u00fc\u015f\u00fc\u015f beklentisinin alt\u0131nda kald\u0131. Sonu\u00e7, k\u0131\u015f d\u00f6nemine girilirken konut in\u015faat faaliyetleri i\u00e7in k\u0131sa vadeli i\u015f hacmi hatt\u0131n\u0131n zay\u0131flad\u0131\u011f\u0131na i\u015faret ediyor.<\/p>\n<p>A\u015fa\u011f\u0131 y\u00f6nl\u00fc s\u00fcrpriz, ruhsatlar\u0131n tahmin edilenden daha fazla darald\u0131\u011f\u0131n\u0131 ve \u00f6nceki ivmenin ard\u0131ndan ayl\u0131k geri \u00e7ekilmeyi derinle\u015ftirdi\u011fini g\u00f6steriyor. \u0130zinler gelecekteki in\u015faat i\u015flerinin \u00f6nc\u00fc g\u00f6stergesi oldu\u011fundan, Nisan verisi konut ba\u011flant\u0131l\u0131 faaliyetlerin \u00f6n\u00fcm\u00fczdeki birka\u00e7 ay daha yumu\u015fak ko\u015fullarla kar\u015f\u0131la\u015fabilece\u011fini d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor.<\/p>\n<h3>Konut Piyasas\u0131nda So\u011fuma ve Para Politikas\u0131 Etkileri<\/h3>\n<p>Nisan ay\u0131nda in\u015faat izinlerindeki beklentinin \u00fczerindeki %3,4\u2019l\u00fck d\u00fc\u015f\u00fc\u015f\u00fc, konut piyasas\u0131nda belirgin bir so\u011fuman\u0131n net sinyali olarak g\u00f6r\u00fcyoruz. -%1,5\u2019lik tahminin belirgin \u015fekilde alt\u0131nda gelen bu veri, y\u00fcksek faiz oranlar\u0131n\u0131n bask\u0131s\u0131 alt\u0131nda in\u015faat faaliyetlerinde yava\u015flama e\u011filimini peki\u015ftiriyor. Bizim a\u00e7\u0131m\u0131zdan bu veri, Avustralya Merkez Bankas\u0131\u2019n\u0131n (RBA) bu y\u0131l ilave faiz art\u0131\u015f\u0131 yapma olas\u0131l\u0131\u011f\u0131n\u0131 kayda de\u011fer \u00f6l\u00e7\u00fcde azalt\u0131yor.<\/p>\n<p>Konut taraf\u0131ndaki bu zay\u0131fl\u0131k, Avustralya\u2019n\u0131n son \u00e7eyreklik GSYH b\u00fcy\u00fcmesinin yaln\u0131zca %0,1 gelmesiyle birlikte yava\u015flayan ekonomi tablosunu g\u00fc\u00e7lendiriyor. Enflasyonda da \u0131l\u0131ml\u0131la\u015fma i\u015faretleri g\u00f6r\u00fcl\u00fcrken, merkez bankas\u0131ndan daha g\u00fcvercin bir duru\u015f bekliyoruz. Faiz vadeli i\u015flemleri piyasas\u0131 art\u0131k 2026\u2019da yeni bir art\u0131\u015f ihtimalini neredeyse s\u0131f\u0131r olarak fiyatl\u0131yor; bu, y\u0131l\u0131n ba\u015f\u0131ndaki \u015fahin duyarl\u0131l\u0131kla belirgin bir tezat olu\u015fturuyor.<\/p>\n<h3>Kur ve Hisse Senedi Piyasas\u0131nda Konumlanma<\/h3>\n<p>Bu \u00e7er\u00e7evede Avustralya dolar\u0131n\u0131, \u00f6zellikle daha agresif merkez bankalar\u0131na sahip para birimleri kar\u015f\u0131s\u0131nda k\u0131r\u0131lgan g\u00f6r\u00fcyoruz. Demir cevheri gibi temel emtia fiyatlar\u0131 da zay\u0131flad\u0131; son d\u00f6nemde ton ba\u015f\u0131na yakla\u015f\u0131k 105 dolar seviyelerinde i\u015flem g\u00f6rerek kuru destekleyen \u00f6nemli bir dayana\u011f\u0131 ortadan kald\u0131rd\u0131. \u00d6n\u00fcm\u00fczdeki ay 0,6450 seviyesine do\u011fru olas\u0131 bir geri \u00e7ekilmeye pozisyon almak i\u00e7in AUD\/USD sat\u0131m (put) opsiyonlar\u0131 almay\u0131 de\u011ferlendiriyoruz.<\/p>\n<p>Hisse taraf\u0131nda ise konut in\u015faat\u0131 ve yap\u0131 malzemelerine do\u011frudan maruz \u015firketler \u00fczerinde bask\u0131n\u0131n s\u00fcrmesini bekliyoruz. Tarihsel olarak bu t\u00fcr bir yava\u015flama, sekt\u00f6rde k\u00e2r tahminlerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc revizyonlara yol a\u00e7abiliyor. Bu nedenle in\u015faatla ba\u011flant\u0131l\u0131 hisseler endeksi \u00fczerinde koruyucu sat\u0131m opsiyonlar\u0131na bakarken, faizlerin zirve yapma olas\u0131l\u0131\u011f\u0131n\u0131n destekleyebilece\u011fi daha geni\u015f ASX 200 endeksinde temkinli iyimserli\u011fimizi koruyoruz.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Avustralya\u2019da in\u015faat izinleri Nisan\u2019da %3,4 d\u00fc\u015ferek beklentiyi a\u015ft\u0131: konut piyasas\u0131nda so\u011fuma, RBA\u2019n\u0131n ek faiz art\u0131\u015f\u0131 ihtimalini azalt\u0131yor. AUD k\u0131r\u0131lgan; emtia zay\u0131f, hisselerde bask\u0131 s\u00fcr\u00fcyor.<\/p>\n","protected":false},"author":87,"featured_media":47791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49248","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/49248","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=49248"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47791"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}