Market Information Wednesday 23 October 2019

According to the United States association of real estate agents, sales of existing homes in the US in September decreased by 2.2% compared to the previous month. Sales amounted to 5.38 million homes annually, compared to 5.50 million a month earlier. In August, sales increased with 1.5%.

The Dutch data supplier BDB states that the construction costs for new homes this summer are 11.5% to 16.5% higher than last year’s. The increase is the result of imposed sustainability measures. According to the BDB, the price increase, excludes inflation and higher wages.

Statistics Netherlands (CBS) reported that the volume of investments in tangible fixed assets was 0.2% higher in August than in the same month a year earlier. This was mainly due to higher investments in machinery and passenger cars. On the other hand, investment in aircraft were lower than in the previous year.

The 6M Euribor is unchanged at -0.35% compared to previous business day. The 10Y Swap decreased with 3 basis points to 0.04% 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.