WASHINGTON — New home sales fell 12.6% in January to a seasonally adjusted annual rate of 284,000, as the median sales price declined and the supply increased, according to Commerce Department report Thursday.
December new home sales were revised lower to 325,000 from 329,000 reported last month.
Economists polled by Thomson Reuters had expected 310,000 new home sales for the month, according to the median estimate.
"Folloing recent yield moves, a generic muni index is now down 1% on the month with no real sub-sector showing much deviation from that result," said Kim Olsan, senior vice president of trading at FHN Financial.
The law firm revealed 2024 promotions.
As the nation's fourth largest city faces a growing structural budget deficit, it is also expecting to issue more than $3 billion of debt for its airport, water and sewer system, convention center, as well as to fund a settlement with firefighters and for cash-flow purposes.
The extension of the current solar net metering system could lower revenue for the utility.
The finance team is "marketing slices of risk" to raise money to refinance its debt, investors said.
John Fleming is pushing back against a proposal in the state Legislature to change the way the state Bond Commission oversees the issuance of debt by cities, counties and local governments and entities.
