Existing home sales fell 3.0% in September to a seasonally adjusted 4.91 million, the National Association of Realtors reported Thursday.
Sales for August were revised higher to 5.06 million from the 5.03 million reported last month.
The median sales price dropped to $165,400 from $171,200 in September. The median price is down 3.4% from a year ago.
The Manhattan-based Ivy League university reached a settlement with the federal government last year. It is selling $487 million of bonds this month.
"The rates market has started to turn from the upper end of the trading range this week," Barclays strategists wrote, but with the war with Iran still driving the market, nothing is certain.
Changes in federal funding are sharpening the focus on how the states will be responding to disaster relief, running social programs and budget planning.
The defendants include many of the largest municipal bond underwriters.
The deal comes as high-yield muni investors are hungry for paper.
Nearly 21% of muni volume traded electronically in the first quarter, up from the previous quarter and surpassing the previous record set in the fourth quarter of 2023, according to a Coalition Greenwich report by Kevin McPartland and Neha Jain.
