Historical Year Data · 2006

M2 Velocity in 2006

M2 Velocity opened 2006 at 2.01 and closed at 1.99, a -0.99% move for the year. The high of 2.02 was reached on April 1, and the low of 1.99 on October 1.

Open

2.01

2006-01

1.99

4 data points

High

2.02

Apr 1

Low

1.99

Oct 1

Full Year Change

-0.99%

2005 Change

+0.81%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.01	2.01	2.01	2.01	+0.00%
Apr	2.02	2.02	2.02	2.02	+0.00%
Jul	2	2	2	2	+0.00%
Oct	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.

Previous Year

← M2 Velocity in 2005

Next Year

M2 Velocity in 2007→

Related Metrics

Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.

← Back to M2 Velocity All years Market events →