Historical Year Data · 2006

Financial Conditions (NFCI) in 2006

Financial Conditions (NFCI) opened 2006 at -0.57 and closed at -0.64, a -11.21% move for the year. The high of -0.53 was reached on June 30, and the low of -0.64 on March 3.

Open

-0.57

2006-01

-0.64

52 data points

High

-0.53

Jun 30

Low

-0.64

Mar 3

Full Year Change

-11.21%

2005 Change

+18.82%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	-0.57	-0.60	-0.57	-0.60	-5.60%
Feb	-0.61	-0.63	-0.61	-0.63	-3.09%
Mar	-0.64	-0.63	-0.63	-0.64	+0.94%
Apr	-0.63	-0.62	-0.62	-0.63	+1.12%
May	-0.61	-0.58	-0.58	-0.61	+5.21%
Jun	-0.57	-0.53	-0.53	-0.57	+6.69%
Jul	-0.53	-0.56	-0.53	-0.56	-5.66%
Aug	-0.57	-0.60	-0.57	-0.60	-5.23%
Sep	-0.61	-0.61	-0.60	-0.61	+0.16%
Oct	-0.61	-0.63	-0.61	-0.63	-2.95%
Nov	-0.63	-0.63	-0.63	-0.63	+0.63%
Dec	-0.62	-0.64	-0.62	-0.64	-1.76%

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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