US DATA: Sept Wells-NAHB Housing Market Index was unch at a low 13,
and NAHB cited consumer reluctance in the face of the poor job market
and a large number of foreclosed properties for sale. Current sales and
Sales expectations were unch and Buyer Traffic fell 1pt to 9.
Regionally, HMI readings fell two points in the Northeast and three
points in the Midwest, to 16 and 12, respectively. The South posted a
two-point improvement to 14 while the West held unchanged, at 8.