Historical Year Data · 2006

1Y Expected Inflation (Cleveland) in 2006

1Y Expected Inflation (Cleveland) opened 2006 at 2.40% and closed at 1.99%, a -17.21% move for the year. The high of 2.88% was reached on May 1, and the low of 1.77% on March 1.

Open

2.40%

2006-01

1.99%

12 data points

High

2.88%

May 1

Low

1.77%

Mar 1

Full Year Change

-17.21%

2005 Change

+50.76%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.40%	2.40%	2.40%	2.40%	+0.00%
Feb	2.51%	2.51%	2.51%	2.51%	+0.00%
Mar	1.77%	1.77%	1.77%	1.77%	+0.00%
Apr	2.68%	2.68%	2.68%	2.68%	+0.00%
May	2.88%	2.88%	2.88%	2.88%	+0.00%
Jun	2.74%	2.74%	2.74%	2.74%	+0.00%
Jul	2.80%	2.80%	2.80%	2.80%	+0.00%
Aug	2.87%	2.87%	2.87%	2.87%	+0.00%
Sep	2.65%	2.65%	2.65%	2.65%	+0.00%
Oct	2.40%	2.40%	2.40%	2.40%	+0.00%
Nov	1.89%	1.89%	1.89%	1.89%	+0.00%
Dec	1.99%	1.99%	1.99%	1.99%	+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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