Builders’ confidence in the market for new single-family homes rose in September, as the National Association of Home Builders’ housing market index climbed to 19 from 18 in August, the group announced yesterday.
Thomson Reuters’ poll of economists predicted a level of 19.
The current single-family home sales index rose to 18 from 16 last month, and the traffic of prospective buyers index rose to 17 from 16.
The sales expectations index for the next six-month period dipped to 29 from 30.
The California Supreme Court will hear a case challenging the state's 2013 pension changes, after seemingly settling the issue with a 2020 ruling.
The "impressive" investor appetite for tax-exempts has been "holding steady all quarter despite expensive valuations, supply surges and periods of low reinvestment demand," said GW&K Investment Management strategists in a report.
As space becomes an increasingly important frontier for development and competition, spaceports should enjoy the same financial benefits as airports and seaports, say supporters of the federal legislation.
The governor should have involved the legislature earlier in decision making on how to give the Water and Power Authority money to make a bond payment, lawmakers said.
A Utah law may be tapped to issue bonds to renovate a downtown Salt Lake City basketball arena to accommodate the former Arizona Coyotes.
Along with UBS' departure from the negotiated underwriting space, various firms have hired talent from both firms to increase their primary and secondary market presence. Many hope for some positive effects in both competition and secondary market liquidity as a result.
