{"id":31522,"date":"2023-12-07T10:42:12","date_gmt":"2023-12-07T10:42:12","guid":{"rendered":"https:\/\/masterskills.org\/blog\/chi-so-gia-nha-o-house-price-index-hpi-la-gi-chi-so-hpi-so-voi-chi-so-gia-nha-sp.html"},"modified":"2023-12-23T09:38:33","modified_gmt":"2023-12-23T02:38:33","slug":"chi-so-gia-nha-o-house-price-index-hpi-la-gi-chi-so-hpi-so-voi-chi-so-gia-nha-sp","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/chi-so-gia-nha-o-house-price-index-hpi-la-gi-chi-so-hpi-so-voi-chi-so-gia-nha-sp.html","title":{"rendered":"Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 (House Price Index – HPI) l\u00e0 g\u00ec? Ch\u1ec9 s\u1ed1 HPI so v\u1edbi ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 S&P"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Economist.com<\/i><\/p>\n<\/div>\n<\/div>\n

Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309\u00a0<\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309<\/b>\u00a0trong ti\u00ea\u0301ng Anh la\u0300 House Price Index, <\/b>vi\u1ebft t\u1eaft l\u00e0\u00a0HPI.
<\/b><\/p>\n

Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 (HPI)<\/b> do C\u01a1 quan t\u00e0i ch\u00ednh nh\u00e0 \u1edf li\u00ean bang (FHFA) s\u01b0\u0309 d\u1ee5ng d\u1eef li\u1ec7u \u0111\u01b0\u1ee3c cung c\u1ea5p b\u1edfi Hi\u1ec7p h\u1ed9i vay th\u1ebf ch\u1ea5p qu\u1ed1c gia (FNMA) – th\u01b0\u1eddng \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 Fannie Mae, v\u00e0 T\u1eadp \u0111o\u00e0n\u00a0vay mua nh\u00e0\u00a0tr\u1ea3 g\u00f3p li\u00ean bang (FHLMC) – th\u01b0\u1eddng \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 Freddie Mac – ta\u0323o ra.<\/p>\n

HPI l\u00e0 th\u01b0\u1edbc \u0111o s\u1ef1 d\u1ecbch chuy\u1ec3n trong gi\u00e1 nh\u00e0 \u1edf My\u0303. Ngo\u00e0i vai tr\u00f2 l\u00e0 m\u1ed9t ch\u1ec9 s\u00f4\u0301 v\u1ec1 xu h\u01b0\u1edbng gi\u00e1 nh\u00e0, n\u00f3 c\u00f2n c\u00f3 ch\u1ee9c n\u0103ng nh\u01b0 m\u1ed9t c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch \u0111\u1ec3 \u01b0\u1edbc t\u00ednh c\u00e1c thay \u0111\u1ed5i v\u1ec1 t\u1ec9<\/span> l\u1ec7 v\u1ee1 n\u1ee3 th\u1ebf ch\u1ea5p, kh\u1ea3 n\u0103ng tr\u1ea3 tr\u01b0\u1edbc v\u00e0 chi tr\u1ea3 nh\u00e0 \u1edf.<\/p>\n

Hi\u1ec3u v\u00ea\u0300 ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 (HPI)<\/font><\/h3>\n

HPI<\/b>\u00a0d\u1ef1a tr\u00ean c\u00e1c giao d\u1ecbch li\u00ean quan \u0111\u1ebfn c\u00e1c kho\u1ea3n th\u1ebf ch\u1ea5p th\u00f4ng th\u01b0\u1eddng \u0111\u1ed1i v\u1edbi c\u00e1c t\u00e0i s\u1ea3n c\u1ee7a m\u1ed9t gia \u0111\u00ecnh. N\u00f3 l\u00e0 m\u1ed9t ch\u1ec9 s\u1ed1 c\u00f3 tr\u1ecdng s\u1ed1 \u0111o l\u01b0\u1eddng s\u1ef1 thay \u0111\u1ed5i gi\u00e1 trung b\u00ecnh trong doanh s\u1ed1 ba\u0301n l\u1ea1i ho\u1eb7c t\u00e1i \u0111\u00e2\u0300u t\u01b0 tr\u00ean c\u00f9ng m\u1ed9t t\u00e0i s\u1ea3n.<\/p>\n

D\u1eef li\u1ec7u \u0111\u01b0\u1ee3c t\u1ed5ng h\u1ee3p b\u1eb1ng c\u00e1ch xem x\u00e9t c\u00e1c kho\u1ea3n th\u1ebf ch\u1ea5p \u0111\u01b0\u1ee3c mua ho\u1eb7c ch\u1ee9ng kho\u00e1n h\u00f3a b\u1edfi Fannie Mae v\u00e0 Freddie Mac. B\u00e1o c\u00e1o HPI se\u0303 \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 m\u1ed7i qu\u00ed va\u0300 m\u00f4\u0303i th\u00e1ng.<\/p>\n

HPI \u0111o l\u01b0\u1eddng s\u1ef1 thay \u0111\u1ed5i gi\u00e1 trung b\u00ecnh cho nh\u1eefng ng\u00f4i nh\u00e0 \u0111\u01b0\u1ee3c b\u00e1n ho\u1eb7c t\u00e1i c\u1ea5p v\u1ed1n b\u1eb1ng c\u00e1ch xem x\u00e9t c\u00e1c kho\u1ea3n th\u1ebf ch\u1ea5p \u0111\u01b0\u1ee3c mua ho\u1eb7c b\u1ea3o \u0111\u1ea3m b\u1edfi Fannie Mae ho\u1eb7c Freddie Mac. \u0110i\u1ec1u \u0111\u00f3 c\u00f3 ngh\u0129a l\u00e0 c\u00e1c kho\u1ea3n vay v\u00e0 th\u1ebf ch\u1ea5p t\u1eeb c\u00e1c ngu\u1ed3n kh\u00e1c, ch\u1eb3ng h\u1ea1n nh\u01b0 t\u01b0\u0300 H\u1ed9i C\u1ef1u chi\u1ebfn binh My\u0303 v\u00e0 C\u01a1 quan Qu\u1ea3n l\u00fd Nh\u00e0 \u1edf Li\u00ean bang (FHA) se\u0303 kh\u00f4ng c\u00f3 trong d\u1eef li\u1ec7u c\u1ee7a n\u00f3.<\/p>\n

\u01afu \u0111i\u1ec3m c\u1ee7a ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 (HPI)<\/font><\/h3>\n

HPI <\/b>l\u00e0 m\u1ed9t trong nhi\u1ec1u ch\u1ec9 s\u1ed1 kinh t\u1ebf m\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng \u0111\u1ec3 theo d\u00f5i c\u00e1c xu h\u01b0\u1edbng kinh t\u1ebf m\u01a1\u0309 r\u00f4\u0323ng v\u00e0 nh\u01b0\u0303ng thay \u0111\u1ed5i ti\u1ec1m n\u0103ng tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n \u0111\u00ea\u0309 l\u01b0\u0323a cho\u0323n \u0111\u00e2\u0300u t\u01b0.<\/p>\n

S\u1ef1 t\u0103ng gi\u1ea3m c\u1ee7a gi\u00e1 nh\u00e0 c\u00f3 \u00fd ngh\u0129a l\u1edbn \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf no\u0301i chung. Gi\u00e1 nha\u0300 t\u0103ng th\u01b0\u1eddng t\u1ea1o ra nhi\u1ec1u vi\u1ec7c l\u00e0m h\u01a1n, k\u00edch th\u00edch s\u1ef1 t\u1ef1 tin cu\u0309a thi\u0323 tr\u01b0\u01a1\u0300ng v\u00e0 th\u00fac \u0111\u1ea9y chi ti\u00eau c\u1ee7a ng\u01b0\u1eddi ti\u00eau d\u00f9ng. T\u01b0\u0300 \u0111o\u0301 m\u1edf \u0111\u01b0\u1eddng cho t\u00f4\u0309ng c\u00e2\u0300u l\u1edbn h\u01a1n, th\u00fac \u0111\u1ea9y\u00a0t\u1ed5ng s\u1ea3n ph\u1ea9m qu\u1ed1c n\u1ed9i\u00a0(GDP) v\u00e0 la\u0300m t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf.<\/p>\n

Khi gi\u00e1 gi\u1ea3m, \u0111i\u1ec1u ng\u01b0\u1ee3c l\u1ea1i c\u00f3 th\u00ea\u0309 x\u1ea3y ra. Ni\u1ec1m tin c\u1ee7a ng\u01b0\u1eddi ti\u00eau d\u00f9ng b\u1ecb x\u00f3i m\u00f2n v\u00e0 ca\u0301c c\u00f4ng ty cung c\u00e2\u0301p di\u0323ch vu\u0323 b\u1ea5t \u0111\u1ed9ng s\u1ea3n sa th\u1ea3i nh\u00e2n vi\u00ean, do \u0111o\u0301 c\u00f3 th\u1ec3 g\u00e2y ra suy tho\u00e1i kinh t\u1ebf.<\/p>\n

Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 (HPI) so v\u1edbi ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 c\u1ee7a S&P<\/font><\/h3>\n

HPI<\/b> kh\u00f4ng ph\u1ea3i l\u00e0 c\u00f4ng c\u1ee5 theo d\u00f5i gi\u00e1 nh\u00e0 duy nh\u1ea5t tr\u00ean thi\u0323 tr\u01b0\u01a1\u0300ng. M\u1ed9t trong nh\u1eefng l\u1ef1a ch\u1ecdn thay th\u1ebf \u0111\u01b0\u01a1\u0323c s\u01b0\u0309 du\u0323ng ph\u00f4\u0309 bi\u00ea\u0301n l\u00e0 ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 c\u1ee7a S&P <\/b>(hay chi\u0309 s\u00f4\u0301 gia\u0301 nha\u0300 \u01a1\u0309 Case-Shiller).<\/p>\n

M\u1ed7i chi\u0309 s\u00f4\u0301 s\u1eed d\u1ee5ng d\u1eef li\u1ec7u v\u00e0 k\u0129<\/span> thu\u1eadt \u0111o l\u01b0\u1eddng kh\u00e1c nhau do \u0111\u00f3 chu\u0301ng co\u0301 k\u1ebft qu\u1ea3 kh\u00e1c nhau. V\u00ed d\u1ee5: Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 (HPI) cho r\u0103\u0300ng t\u1ea5t c\u1ea3 c\u00e1c ng\u00f4i nh\u00e0 la\u0300 nh\u01b0 nhau, trong khi ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 S&P l\u00e0 co\u0301 tr\u1ecdng s\u1ed1.<\/p>\n

H\u01a1n n\u1eefa, trong khi ch\u1ec9 s\u1ed1 C&P ch\u1ec9 s\u1eed d\u1ee5ng gi\u00e1 mua, ch\u1ec9 s\u1ed1 HPI co\u0300n bao g\u1ed3m c\u1ea3 chi phi\u0301 th\u1ea9m \u0111\u1ecbnh t\u00e1i c\u1ea5p v\u1ed1n. Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 HPI c\u0169ng co\u0301 ph\u1ea1m vi a\u0309nh h\u01b0\u01a1\u0309ng r\u1ed9ng h\u01a1n.<\/p>\n

Ca\u0301c y\u0301 chi\u0301nh<\/font><\/h3>\n

– Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 (HPI) l\u00e0 th\u01b0\u1edbc \u0111o \u0111\u00f4\u0323bi\u00ea\u0301n \u0111\u1ed9ng c\u1ee7a gi\u00e1 nh\u00e0 cu\u0309a m\u1ed9t gia \u0111\u00ecnh \u1edf My\u0303.<\/p>\n

– HPI \u0111\u01b0\u1ee3c ta\u0323o ra b\u1edfi C\u01a1 quan T\u00e0i ch\u00ednh Nh\u00e0 \u1edf Li\u00ean bang (FHFA) b\u0103\u0300ng ca\u0301c d\u1eef li\u1ec7u \u0111\u01b0\u1ee3c cung c\u1ea5p b\u1edfi Fannie Mae v\u00e0 Freddie Mac.<\/p>\n

– C\u01a1 quan T\u00e0i ch\u00ednh Nh\u00e0 \u1edf Li\u00ean bang (FHFA) c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 HPI h\u00e0ng th\u00e1ng v\u00e0 h\u00e0ng qu\u00ed.<\/p>\n

– HPI l\u00e0 m\u1ed9t trong nhi\u1ec1u ch\u1ec9 s\u1ed1 kinh t\u1ebf m\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 th\u01b0\u01a1\u0300ng s\u1eed d\u1ee5ng \u0111\u1ec3 theo d\u00f5i c\u00e1c xu h\u01b0\u1edbng kinh t\u1ebf v\u00e0 ti\u0300m ki\u00ea\u0301m c\u01a1 h\u1ed9i \u0111\u00e2\u0300u t\u01b0 ti\u1ec1m n\u0103ng tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n.<\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Ch\u1ec9 s\u1ed1 gi\u00e1 nh\u00e0 \u01a1\u0309 (ti\u00ea\u0301ng Anh: House Price Index, vi\u1ebft t\u1eaft: HPI) l\u00e0 th\u01b0\u1edbc \u0111o s\u1ef1 bi\u00ea\u0301n \u0111\u00f4\u0323ng c\u1ee7a gi\u00e1 nh\u00e0 \u1edf My\u0303. No\u0301 c\u00f2n la\u0300 m\u1ed9t c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch c\u00e1c thay \u0111\u1ed5i trong t\u1ef7 l\u1ec7 v\u1ee1 n\u1ee3 th\u1ebf ch\u1ea5p, kh\u1ea3 n\u0103ng tr\u1ea3 tr\u01b0\u1edbc v\u00e0 chi tr\u1ea3 nh\u00e0 \u1edf.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31522"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31522"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31522\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}