Multifamily Sector Posts Gains in Q2

The multifamily housing market, which includes apartments and condominiums, posted gains in the second quarter of 2017, according to the latest National Association of Home Builders (NAHB) Multifamily Production Index (MPI). The Index rose eight points to 56. An above-50 reading indicates more builders have a positive outlook than a negative one.
“A return to a positive trend in the MPI is consistent with positive builder sentiment in other segments of the housing industry,” said Rob