Tag Archive for ‘mpi’

Apartment and Condominium Market Remains Steady in the Third Quarter

In the third quarter of 2015, the NAHB’s Multifamily Production Index (MPI) increased one point to a level of 56. This marks the 15th consecutive quarter with a reading of 50 or above, which indicates that more respondents report conditions are improving than report conditions are becoming worse. The MPI is fairly consistent with the strong performance of multifamily starts, which have recovered from… Read More ›

Builder Sentiment about Multifamily Remains Positive

Builder and developer sentiment about the multifamily market held steady in the fourth quarter, according to results from NAHB’s  Multifamily Production Index (MPI) released earlier today. The overall MPI—a composite measure of sentiment about production of low-rent apartments, market-rate rental apartments and condominiums—was unchanged at 54 in the fourth quarter. The MPI and each of its components is an index… Read More ›

Multifamily Production Index Shows More Improvement

In the fourth quarter of 2012, NAHB’s Multifamily Production Index (MPI) increased two points to 54, marking the fourth straight quarter the index has been over the key break-even point of 50.  The MPI is an overall measure of builder and developer sentiment on current conditions in the apartment and condominium market. The MPI is built from three components, capturing… Read More ›

Confidence in Multifamily Production Mostly Up in the Third Quarter, with Some Weakness in Low-Rent

The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB), remained fairly steady in the third quarter of 2012 at 52—the third straight quarter the index has been over 50. The MPI measures builder and developer sentiment about conditions for apartment and condominium construction, and is are scaled so that any number over 50 means more… Read More ›

MPI Points to Continued Improvement in Multifamily Construction

In the fourth quarter of 2011, NAHB’s Multifamily Production Index (MPI) continued to show improvement, increasing for a sixth consecutive quarter.  The MPI, which is based on a quarterly survey of multifamily builders and developers, tracks sentiment about construction of new apartments on a scale of 0 to 100.  The MPI increased from 47.3 in the third quarter to 48.9 in… Read More ›