Content about Multifamily Production

June 12, 2012

The Multifamily Production Index (MPI), a leading indicator for the multi-family market released by the National Association of Home Builders (NAHB), has recorded an index level of 51 -- its highest reading since the third quarter of 2005 -- up from 49 in the fourth quarter.

The MPI measures builder and developer sentiment about current conditions in the multi-family market on a scale of 0 to 100. This is the seventh consecutive quarter that the index has increased.