This is in the housing market where, "New U.S. single-family home sales rose in October and the supply of homes on the market fell to its lowest level since April of last year, showing some healing in the battered housing sector."
"The Commerce Department on Monday said that sales edged up 1.3 percent to a seasonally adjusted 307,000-unit annual rate, which was the fastest pace in five months yet still below analysts' expectations."
'The supply of new homes in the market would last 6.3 months at the current pace of sales."
There has already been some tentative good news in the housing market in addition to some good news in the economy generally-rising GDP forecasts, unemployment claims dipping under 400,000 in consecutive weeks, some good consumer numbers. Also Black Friday saw record sales. However, notice that this report was still short of economists' expectations. Also:
"Still, the median sales price fell 0.5 percent, casting a pall on the market's outlook as potential buyers can be spooked by falling prices."