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Jan New Housing Price Index -0.1% m/m...>

CANADA DATA
CANADA DATA: Jan New Housing Price Index -0.1% m/m and -0.1% y/y, 
first 12-month decline since Dec'09. House only prices -0.1% m/m and 
-0.4% y/y. Land only flat m/m and +0.4% y/y. Monthly declines 
concentrated in large mkts.
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Household cred mkt debt-to-disposable income reaches record 178.5% 
in 4Q18. Household debt service ratio rose to 14.9%, highest since 
4Q'07. Demand for consumer credit and non-mtg loans down, while mtg loan 
dmd rose.

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