Historical Year Data · 2006

New Home Sales in 2006

New Home Sales opened 2006 at 1,174 and closed at 998, a -14.99% move for the year. The high of 1,174 was reached on January 1, and the low of 941 on October 1.

Open

1,174

2006-01

998

12 data points

High

1,174

Jan 1

Low

941

Oct 1

Full Year Change

-14.99%

2005 Change

+2.99%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1,174	1,174	1,174	1,174	+0.00%
Feb	1,061	1,061	1,061	1,061	+0.00%
Mar	1,116	1,116	1,116	1,116	+0.00%
Apr	1,123	1,123	1,123	1,123	+0.00%
May	1,086	1,086	1,086	1,086	+0.00%
Jun	1,074	1,074	1,074	1,074	+0.00%
Jul	965	965	965	965	+0.00%
Aug	1,035	1,035	1,035	1,035	+0.00%
Sep	1,016	1,016	1,016	1,016	+0.00%
Oct	941	941	941	941	+0.00%
Nov	1,003	1,003	1,003	1,003	+0.00%
Dec	998	998	998	998	+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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