The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), held steady with a reading of 54 for the fourth quarter of 2014.
The Multifamily Vacancy Index (MVI), which measures the multifamily housing industry's perception of vacancies,dropped two points to 39, with lower numbers indicating fewer vacancies.
Multifamily Production Index (Excel) (PDF)
Multifamily Vacancy Index (Excel) (PDF)
Additional details (Excel):
Derivation of multifamily production index (Table & Chart)
Derivation of future production indices (Table & Chart)
Derivation of multifamily vacancy index (Table & Chart)
Derivation of future vacancy indices (Table & Chart)
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