Apartment and Condominium Market Ends 2017 on Positive Note

Apartment and Condominium Market Ends 2017 on Positive NoteNAHB today released the Multifamily Production Index (MPI) which posted a solid gain of seven points to 53 in the fourth quarter of 2017. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of its components are scaled so that a number above 50 indicates that more respondents report conditions are improving rather than getting worse.

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Source: NAHB