From MSNBC.com:

Existing-home Sales Rise To 6.10 Million, Up 10.1%

 WASHINGTON - Home sales far exceeded expectations last month, surging to the highest level in two and a half years as first-time buyers rushed to take advantage of an expiring tax credit.

The National Association of Realtors said Monday that home resales rose 10.1 percent to a seasonally adjusted annual rate of 6.1 million in October, from a downwardly revised pace of 5.54 million in September.

Read it all. Very good news.