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Apartment and Condominium Market Keeps Momentum Going in Fourth Quarter
February 23, 2017
WASHINGTON, Feb. 23 -- The National Association of Home Builders issued the following news release:

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of two points to 55 in the fourth quarter. The MPI has been at 50 or above for five straight years.

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 . . .

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