Apartment and Condominium Market Remains Steady in the First Quarter

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The National Association of Home Builder’s Multifamily Production Index (MPI) increased one point to 53 in the first quarter of 2016 (Exhibit 1). This quarter marks the 17th consecutive quarter in which the index has been above its breakeven point of 50, which means that more builders and developers report that current conditions in the apartment and the condominium market… Read More ›

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