Multifamily Builder Confidence Index 4th Quarter 2019

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On February  27, 2020, National Association of Home Builders (NAHB) reported Multifamily Production Index (MPI) unchanged at 49 points in the 4th quarter of 2019, from 49 points in the 3rd quarter of 2019; while, Multifamily Vacancy Index (MVI) stayed the at 40 points in the 3rd quarter of 2019 from 45 points in the 2nd quarter of 2019.

The market rate rental properties gained six points to 50 points; component measuring low rent units rose two points to 53 points; and for sale units decreased four points to 46 points; in the 4thquarter of 2019.

NAHB Chief Economist Robert Dietz, stated “Sentiment would be higher, but it is being constrained by emerging concerns over housing policies enacted in certain parts of the country, especially proposed rent control policies.”

For more complete detailed information about National Association of Home Builders’ Multifamily Production Index in the 4th quarter of 2019, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainer
560,147
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Sally

 

Mar 10, 2020 10:21 PM #1
Rainmaker
94,647
Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Thanks for sharing this information on your local market, great information. I hope you have a great day ahead.

Mar 11, 2020 01:12 AM #2
Rainmaker
3,480,892
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good moring John. Thanks for the update. Multifamily remains strong in most areas of Chicago. Enoy your day!

Mar 11, 2020 03:48 AM #3
Rainmaker
2,945,890
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Sally Crane glad you find the report very useful. All the best to you list and sell many properties in your area too. Thanks for the comment.

Mar 11, 2020 01:35 PM #4
Rainmaker
2,945,890
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Joseph Doohan glad you find the report very informative. I hope you have a great day ahead too. Thanks for the comment.

Mar 11, 2020 01:36 PM #5
Rainmaker
2,945,890
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good afternoon Wayne Martin you are welcome, multifamily is strong in my and other areas as well. Enjoy your day too. Thanks for the comment.

Mar 11, 2020 01:40 PM #6
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Rainmaker
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John Pusa

Your All Time Realtor With Exceptional Service
I will be very happy to assist you with your real estate needs.
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