From Name

From Email

To Name

To Email

Message

Multifamily developer confidence improved in second quarter but remains in negative territory

from NAHB

Multifamily developer confidence improved in second quarter but remains in negative territory NAHB Confidence in the market for new multifamily housing increased in the second quarter, however, it still remains in negative territory, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) rose 10 points to 37 compared to the previous quarter. Meanwhile, the Multifamily Vacancy Index (MVI) increased three points to 62, with higher numbers indicating more vacancies. READ MORE

more