US DATA: Nov NAHB/Wells Housing Mkt Index +5 to 46, a seventh gain and its
highest since May 2006. Builders reports increased demand, tight supply,
improving conditions. Two out of 3 components gained. The component gauging
current sales conditions posted the biggest increase, with an eight-point gain
to 49 – its highest mark in more than six years. 6m sales expectations had a
two-point gain to 53, and traffic of prospective buyers held unchanged at 35
following a five-point gain in the previous month.