Dutch house prices rose sharply in October. Prices were 18.3 percent higher than a year earlier. The price increase in September has been measured at 18.5 percent. Meanwhile, the house price index in October 2021 is at its highest level ever recorded, 82 percent higher than measured in the trough of 2013. 16,191 housing transactions were recorded in October, about 27 percent less than last October.
Investments in the Netherlands rose sharply in September this year. This was evident from the figures of Statistics Netherlands published on Monday. The year-on-year increase was 0.6 percent compared to 0.1 percent in August. A large part of the investments has been allocated to machines and housing. Investment in infrastructure and passenger cars was lower than last year. CBS indicates that the investment conditions in November are less favourable than in September.
The price for a crude barrel of oil closed lower on Friday. The decline has mainly been caused by fears that Europe’s latest wave of coronavirus cases and a new lockdown in Austria and part Germany will reduce oil demand. The German state of Saxony will go into partial lockdown for two or three weeks from Monday. In Austria, the government announced a nationwide lockdown on Friday.
The 6M Euribor increased with 1 basis point to -0.53% compared to previous business day. The 10Y Swap decreased with 5 basis points to 0.12% compared to previous business day.
In the attachment, today’s market data on money and capital market rates as well as other rates are presented.
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