Multifamily Production & Vacancy Indices: Q3 2014

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), increased five points to 58, which is the tenth consecutive quarter with a reading of 50 or above.

The Multifamily Vacancy Index (MVI), which measures the multifamily housing industry's perception of vacancies, increased one point 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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