Historical Year Data · 2006

Months Supply of Houses in 2006

Months Supply of Houses opened 2006 at 5.3 and closed at 6.5, a +22.64% move for the year. The high of 7.3 was reached on July 1, and the low of 5.3 on January 1.

Open

5.3

2006-01

6.5

12 data points

High

7.3

Jul 1

Low

5.3

Jan 1

Full Year Change

+22.64%

2005 Change

+11.36%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	5.3	5.3	5.3	5.3	+0.00%
Feb	6.1	6.1	6.1	6.1	+0.00%
Mar	5.9	5.9	5.9	5.9	+0.00%
Apr	6.3	6.3	6.3	6.3	+0.00%
May	6.2	6.2	6.2	6.2	+0.00%
Jun	6.3	6.3	6.3	6.3	+0.00%
Jul	7.3	7.3	7.3	7.3	+0.00%
Aug	6.7	6.7	6.7	6.7	+0.00%
Sep	6.7	6.7	6.7	6.7	+0.00%
Oct	7.3	7.3	7.3	7.3	+0.00%
Nov	6.6	6.6	6.6	6.6	+0.00%
Dec	6.5	6.5	6.5	6.5	+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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