Washington, Rabi'II 9, 1437, Jan 19, 2016, SPA -- Confidence among American home builders held steady in January even though builders’ expectations about future sales dipped slightly, an industry index showed Tuesday. The National Association of Home Builders/Wells Fargo builder sentiment index stood at 60 in January, matching the December reading. The index has been hovering in the low 60s for a few months. Readings above 50 indicate that more builders view sales conditions as good, rather than poor. The home builders association is forecasting modest growth for housing this year. The three-month moving averages for builder sentiment were down in all four regions of the country in January with the Northeast, Midwest, and West each posting one-point declines while the South region fell by two points. --SPA 03:44 LOCAL TIME 00:44 GMT www.spa.gov.sa/w