Multifamily Production & Vacancy Indices: Q4 2013

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), showed a slight weakening as the index declined four points to 50 in the fourth quarter of 2013.

The Multifamily Vacancy Index (MVI), which measures the multifamily housing industry's perception of vacancies, dropped two points to 38, 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)

For more information about this item, please contact Heather Taylor at 800-368-5242 x8503 or via email at

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