Finally, a little good news from the housing market:

Washington Post: Stocks Gain on Surprise Rise in New Home Sales

Sales of new single-family homes rose by 2.7 percent last month to a seasonally adjusted annual rate of 464,000 homes. Economists had expected sales would drop from the August level.

New home sales are a leading indicator for the country’s economy. While one month does not make a trend, hopefully the August sales figures will be the start of one.