Historical Year Data · 2006

Housing Completions in 2006

Housing Completions opened 2006 at 2,036 and closed at 1,888, a -7.27% move for the year. The high of 2,245 was reached on March 1, and the low of 1,877 on August 1.

Open

2,036

2006-01

1,888

12 data points

High

2,245

Mar 1

Low

1,877

Aug 1

Full Year Change

-7.27%

2005 Change

+2.59%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2,036	2,036	2,036	2,036	+0.00%
Feb	2,048	2,048	2,048	2,048	+0.00%
Mar	2,245	2,245	2,245	2,245	+0.00%
Apr	2,071	2,071	2,071	2,071	+0.00%
May	1,897	1,897	1,897	1,897	+0.00%
Jun	2,050	2,050	2,050	2,050	+0.00%
Jul	1,934	1,934	1,934	1,934	+0.00%
Aug	1,877	1,877	1,877	1,877	+0.00%
Sep	2,011	2,011	2,011	2,011	+0.00%
Oct	1,918	1,918	1,918	1,918	+0.00%
Nov	1,893	1,893	1,893	1,893	+0.00%
Dec	1,888	1,888	1,888	1,888	+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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