9 reasons to be optimistic about housing
Plenty of good news has been coming in about housing lately. Here's a round-up.
5. Existing home sales make surprising October jump

Existing-home sales improved in October while the number of homes on the market continued to decline, according to the National Association of Realtors.
Total existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 1.4 percent to a seasonally adjusted annual rate of 4.97 million in October from a downwardly revised 4.90 million in September. More importantly, sales are 13.5 percent above the 4.38 million unit level in October 2010.
More like this
- Survey: Affordability and increased living space top reasons to buy in 2010
- 2012 home building outlook: Builders largely optimistic about growth
- 2011 Remodeling Forecast: Three Reasons for Long-Term Optimism
- Americans maintain positive attitude about homeownership
- Federal housing scorecard: Housing market recovery still fragile
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