US DATA: Jan NAHB/Wells Hsg Mkt Index unch at 16 for a third month.
“While the HMI components gauging current sales conditions and sales
expectations for the next six months both held steady from the previous
month, at 16 and 25, respectively, the component gauging traffic of
prospective buyers edged up a single point to 12 in January. HMI scores
rose by one point in the Midwest and four points in the West in January,
to 14 and 15, respectively. Meanwhile, HMI scores fell two points in the
Northeast and one point in the South, to 20 and 17, respectively.”