Market Information Thursday 24 December 2020

Sales of existing homes in the United States decreased in November compared to a month earlier. This was reported by the American trade association of brokers. On a monthly basis, sales decreased with 2.5%. In October an increase in the number of sales was reported.

Prices of existing owner-occupied homes in the Netherlands were 8.9% higher in November, compared to November 2019. In November 2020, the price index of existing owner-occupied homes was at its highest level ever, according to research into the price development of existing private owner-occupied homes in the Netherlands by Statistics Netherlands and the land register. Additionally, 18,449 housing transactions were registered in November 2020.

US President Donald Trump has refused to sign the corona support package approved by the US Congress on Monday. The USD 900 billion package was approved after months of discussions. According to the president, millions of dollars would go unnecessarily through the support package to other countries and art and cultural institutions, which he believes are not a priority.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap increased with 3 basis points to -0.24% 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.