Posts Tagged ‘ multifamily housing ’

Recent Forecasts Give Full Picture of Housing’s Future

Feb 16th, 2021

Economists at the National Association of Home Builders (NAHB) covered all aspects of forecasting last week, during IBSx seminars, from residential to multi-family to remodeling. The news is good on all fronts, experts say, but not without challenges. Remodeling Residential remodeling recovered fully from the beginning of COVID-19, and spending on residential improvements will continue […]

Multifamily Builder and Developer Confidence Drops in 3Q

Nov 21st, 2018

The Multifamily Market Survey (MMS), released by the National Association of Home Builders (NAHB), shows weakening confidence among multifamily builders and developers. The survey shows a Multifamily Production Index (MPI) dropping three points to 48 from the previous quarter—a result that’s less surprising, considering that the Multifamily Vacancy Index (MVI) rose two points over the […]

Multifamily Starts Push Overall Housing Starts Down in September

Oct 18th, 2018

Newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department shows total housing starts dropped 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units. This is mainly due to the drop in multifamily production. The 1.2 million reading shows how many housing units builders […]

NAHB Implores Congress to Reduce Multifamily Development Fees

Sep 6th, 2018

Yesterday, the National Association of Home Builders (NAHB) told Congress that excessive regulations are causing higher rent and reduced affordability for customers. Steve Lawson, chairman of The Lawson Companies based in Virginia, testified on behalf of the NAHB before the House Financial Services Subcommittee on Housing and Insurance. He told the subcommittee that overregulation of […]

Multifamily Housing Production Enters Sustainable Phase

Jan 11th, 2018

Multifamily housing starts are expected to slightly moderate this year and in 2019, production levels are projected to remain stable in a range considered normal, according to experts participating who participated in a press conference this week during the National Association of Home Builders (NAHB) International Builders’ Show in Orlando, Fla. “For the foreseeable future, […]

Multifamily Housing Market Bounces Back in Second Quarter

Aug 24th, 2017

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), posted a gain of eight points to 56 in the second quarter. 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 […]

Apartment and Condominium Market Holds Steady in the First Quarter

May 26th, 2016

The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB) remained essentially unchanged in the first quarter of 2016 after rising one point to 53. This is the 17th consecutive reading of 50 or above. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market […]

Developers Feel Multifamily Market’s Not as Strong, but Remain Positive

Nov 21st, 2014

While the sector has been on fire for much of 2014, recent data released by the by the National Association of Home Builders (NAHB) indicated that multifamily housing production is slowing down. The association’s Multifamily Production Index (MPI) reached 54 in the third quarter which is four points below the previous quarter’s reading. It isn’t […]

Multifamily Construction Continues to Cast Shadow over Single-Family Homes

Nov 7th, 2014

As the construction industry continues its recovery, the single-family and multifamily housing sectors have been in a battle. Because of certain economic and sociological conditions, multifamily has gotten the best of the fight so far. Dodge Data & Analytics released its 2015 Dodge Construction Outlook Thursday at a conference in Washington, D.C. According to the […]

Housing Starts Rise in July

Aug 19th, 2014

Nationwide housing starts, fueled by strong single- and multifamily growth, rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family housing starts were up […]