Historical Year Data · 2006

Building Permits: 5+ Units in 2006

Building Permits: 5+ Units opened 2006 at 422 and closed at 368, a -12.80% move for the year. The high of 484 was reached on March 1, and the low of 314 on November 1.

Open

422

2006-01

368

12 data points

High

484

Mar 1

Low

314

Nov 1

Full Year Change

-12.80%

2005 Change

-8.31%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	422	422	422	422	+0.00%
Feb	413	413	413	413	+0.00%
Mar	484	484	484	484	+0.00%
Apr	424	424	424	424	+0.00%
May	374	374	374	374	+0.00%
Jun	402	402	402	402	+0.00%
Jul	378	378	378	378	+0.00%
Aug	363	363	363	363	+0.00%
Sep	365	365	365	365	+0.00%
Oct	326	326	326	326	+0.00%
Nov	314	314	314	314	+0.00%
Dec	368	368	368	368	+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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