Total existing U.S. home sales rose 1.5 percent in October month over month. A greater number of Americans are predicted to travel this year for Thanksgiving.

Private U.S. housing starts in October were down 2.8 percent compared to last month. The Federal Open Market Committee concluded that U.S. economic activity continued to expand at a “moderate pace.”

Builder confidence in the market for newly built single-family homes rose four points to 58 on the National Association of Home Builders/Wells Fargo Housing Market Index. E-commerce sales during the third quarter of 2014 totaled $78.1 billion, an increase of 4 percent compared with the second quarter.

Americans increased their retail and food service spending by 0.3 percent in October compared with September. The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to 5.85 percent at the end of the third quarter of 2014. Though consumers are still a little edgy about current conditions, their expectations are more optimistic now.

Job openings hit 4.7 million, signaling expansion; U.S.-India trade deal on farm production could boost the global economy by $1 trillion.

The Energy Information Agency is predicting lower oil prices next year. Small Business Optimism Index was up in October by 0.8 points.

During the three years between 2009 and 2012, the U.S. economy began recovering from the recession, but for many major U.S. cities, the fiscal crisis persisted during those years. Retail sales dropped 1.3 percent in the eurozone.

The worldwide price of oil continued its fall over the weekend, and slipped further on Monday. Home-price increases dropped 0.3 percent from August to September.

The gains in U.S. employment in October were fairly widespread across various industries. Existing home sales are expected to be higher next year and prices will remain at a healthier level of growth, according to NAR.