The Multifamily Production Index (MPI) reached 54 in the third quarter of 2013, seven points lower than a spike in the second quarter, but the seventh consecutive reading above 50.
The Multifamily Vacancy Index (MVI), which measures the multifamily housing industry's perception of vacancies, dropped two points to 40. With the MVI, lower numbers indicate 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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