Tag Archive for ‘multifamily vacancy index’

Multifamily Builder and Developer Confidence Weakens Slightly in Fourth Quarter

Builder and developer confidence in the multifamily market weakened slightly in the fourth quarter, according to the National Association of Home Builders’ Multifamily Market Survey. The Multifamily Production Index (MPI) fell one point from the previous quarter to 47, with a number below 50 indicating that more builders report market conditions are getting worse than improving (Figure 1). Meanwhile, the… Read More ›

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 ›