Tag Archive for ‘MVI’

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 ›

Multifamily Vacancy Index Stays in the Low 30s

In the fourth quarter of 2012, NAHB’s Multifamily Vacancy Index (MVI), which measures property owners’ confidence in the strength of the market for existing rental apartments, improved slightly—falling two points to 31. Because the MVI captures the industry’s sentiment about apartment vacancies, lower numbers are better. After peaking at 70 in the second quarter of 2009, the MVI declined consistently… Read More ›

NAHB MVI Indicates Healthy, Stable Market for Existing Rental Apartments

In the third quarter of 2012, NAHB’s Multifamily Vacancy Index (MVI) improved 3 points to 33, largely offsetting the previous quarter’s 5 point swing in the other direction.  The MVI is a measure of property owners’ sentiment about vacancies in existing rental apartments, so lower numbers are better. After hitting a record high of 70 in the second quarter of… Read More ›