Historical Year Data · 2006

Brave-Butters-Kelley Leading Index in 2006

Brave-Butters-Kelley Leading Index opened 2006 at -0.44 and closed at -0.08, a +82.86% move for the year. The high of 0.38 was reached on October 1, and the low of -1.41 on May 1.

Open

-0.44

2006-01

-0.08

12 data points

High

0.38

Oct 1

Low

-1.41

May 1

Full Year Change

+82.86%

2005 Change

+54.67%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	-0.44	-0.44	-0.44	-0.44	+0.00%
Feb	-0.65	-0.65	-0.65	-0.65	+0.00%
Mar	-0.87	-0.87	-0.87	-0.87	+0.00%
Apr	-1.17	-1.17	-1.17	-1.17	+0.00%
May	-1.41	-1.41	-1.41	-1.41	+0.00%
Jun	-1.21	-1.21	-1.21	-1.21	+0.00%
Jul	-1.10	-1.10	-1.10	-1.10	+0.00%
Aug	-0.70	-0.70	-0.70	-0.70	+0.00%
Sep	0.06	0.06	0.06	0.06	+0.00%
Oct	0.38	0.38	0.38	0.38	+0.00%
Nov	0.22	0.22	0.22	0.22	+0.00%
Dec	-0.08	-0.08	-0.08	-0.08	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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