Historical Year Data · 2006

Credit Card Loans (Banks) in 2006

Credit Card Loans (Banks) opened 2006 at $0B and closed at $0B, a +3.84% move for the year. The high of $0B was reached on December 27, and the low of $0B on April 5.

Open

$0B

2006-01

$0B

52 data points

High

$0B

Dec 27

Low

$0B

Apr 5

Full Year Change

+3.84%

2005 Change

-1.30%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$0B	$0B	$0B	$0B	+0.08%
Feb	$0B	$0B	$0B	$0B	-0.19%
Mar	$0B	$0B	$0B	$0B	-0.15%
Apr	$0B	$0B	$0B	$0B	+2.79%
May	$0B	$0B	$0B	$0B	+1.77%
Jun	$0B	$0B	$0B	$0B	-0.66%
Jul	$0B	$0B	$0B	$0B	+1.53%
Aug	$0B	$0B	$0B	$0B	+1.47%
Sep	$0B	$0B	$0B	$0B	-0.37%
Oct	$0B	$0B	$0B	$0B	-0.29%
Nov	$0B	$0B	$0B	$0B	+1.90%
Dec	$0B	$0B	$0B	$0B	+2.47%

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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