Skip to main content

US National (FHFA, 1975Q1+) Historical Replay: 1991-10 to 1999-01

PropertyNational IndexUSBoom1991-10 to 1999-01Difficulty 3/5FreeView charts

Replay three decades of US national property data compressed into a steady 26.8% climb across 30 monthly bars. You walk through each historical day, face six decision points, and receive an AI coach review of your simulated choices.

30K lines
6Decision points
3Difficulty
monthlyGranularity

30 monthly bars · 6 decision points · 1991-10 to 1999-01 · Property

Key facts

Peak-to-trough drawdown of 0.1% with a 26.8% run-up.

Max drawdown
−0.1%
Max run-up
+26.8%
Largest single-month move
+1.6%
Bars
30 Monthly bars
Decision points
6

Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology

How to play
  1. The market advances day by day. You only see candles up to the current day — as if you were really there.

  2. At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.

  3. After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.

Event Replay

What happened — and what it teaches

Between October 1991 and January 1999, the US national property market entered a sustained phase of steady appreciation. This was a period of economic normalization following the early 1990s recession, with the market displaying the kind of grinding, low-volatility growth that can test an investor's conviction as much as dramatic crashes can. In this replay, you will navigate 30 monthly bars of authentic historical data and face six decision points, two of them critical, as the market unfolds in real time.

The numbers tell a story of remarkable consistency. Starting at 171.32, prices climbed to 217.27 by the end of the period, delivering a total return of 26.8%. What makes this particularly instructive is the near-absence of turbulence: the maximum drawdown was just 0.1%, and the largest single monthly move was only 1.6%. There were no dramatic crashes, no parabolic surges—just a quiet, persistent grind upward across the better part of a decade.

This scenario isolates a different kind of trading challenge: staying invested without being shaken out by minor noise. The low volatility means that each decision point demands patience rather than reactive hedging. The two critical moments ask whether you can maintain conviction when the market offers no dramatic catalyst, only the slow compounding of value. For decision training, the lesson is clear—volatility is not the only test of discipline; serenity in a steady trend can be equally demanding.