The beginning of a new trading week shown volatility of major currencies though without special breaks in spite of the fact that the economic data from the USA was not that encouraging (reviewed GDP made up for 2.8% instead of forecasted 3.5%). According to the data released by National association of realtors (NAR), in October the indicator of sales on the secondary market exceeded forecasts and has flied up to the maximum value since February 2007 (6.10 million against 5.54 million). However, in many respects this growth has been forced by tax benefits given by the government, which have involved the raised number of buyers ******d to buy houses before the expiration date (the end of November). As the Congress has terms of granting tax benefits till April, it is reasonable to expect further growth of housing indicators in next months. This week housing sector will see some new valuable data – pay attention. If indicators show positive trends, it can encourage the market and convince investors that economy stabilisation has indeed begun.