Multifamily Production Index Inches Up, But Still Remains in Negative Territory

Confidence in the market for new multifamily housing increased in the second quarter but still remains in negative territory, according to the National Association of Home Builders (NAHB). The Multifamily Production Index (MPI) rose 10 points to 37, but is still below its break even point of 50, which indicates that more builders and developers view conditions as weaker than... Read More ›...(read more)

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