Condominium and Apartment Builder Confidence Rises in U.S.
National Association of Home Builders | August 26, 2019
Based on the latest results of the National Association of Home Builders Multifamily Market Survey, U.S. builder confidence for new multifamily housing improved in the second quarter of 2019. The Multifamily Production Index (MPI) increased 16 points to 56 compared to the previous quarter. Meanwhile, and the Multifamily Vacancy Index (MVI) fell eight points to 40, with lower numbers indicating fewer vacancies.