Multifamily Builder and Developer Confidence Weakens Slightly in Fourth Quarter

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Builder and developer confidence in the multifamily market weakened slightly in the fourth quarter, according to the National Association of Home Builders’ Multifamily Market Survey. The Multifamily Production Index (MPI) fell one point from the previous quarter to 47, with a number below 50 indicating that more builders report market conditions are getting worse than improving (Figure 1). Meanwhile, the… Read More ›

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