Multifamily Outlook Still Positive despite Index Dip in Fourth Quarter

The National Association of Home Builder's Multifamily Production Index (MPI), which measures builder and developer confidence in the apartment and condominium markets, dropped four points to 52 in the fourth quarter of 2015 (Figure 1). Although the index declined, it is still above the break-even point of 50, and has been at or above the break-even point for 16 consecutive... Read More ›...(read more)

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