Builders Less Confident in Multifamily Market

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 · Confidence in the 55+ multifamily condominium market remained slightly below the breakeven point in the first quarter of this year, but present sales, expected sales and prospective buyer traffic all increased, according to new survey data the National Association of Home Builders.

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Builder confidence in the market for new multifamily housing frayed during the first quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home.

Demand for homes in 55+ communities remain strong as more buyers and renters in that market search for simpler living arrangements. Builder confidence in the single. climbed eight points to 61. The.

Builder confidence in the market for new multifamily housing frayed during the first quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS consists of two indices. The first is the Multifamily Production Index (MPI.

WASHINGTON â” Homebuilders are losing confidence in the housing market now that government incentives that spurred home sales have ended. The National Association of Home Builders said today its housing market index fell to 17 in June, sinking five points after two straight months of increases. It was the lowest level since March.

Builder Confidence Declines in 55+ Housing Market November 11, 2011 WASHINGTON, DC – Builder confidence in the 55+ housing market for single-family homes fell three points to 12 compared to the same period a year ago, according to the latest National Association of Home Builders(NAHB); 55+ Housing Market index (hmi) released today.

Confidence in the multifamily housing market weakened in this most recent quarter according to results from the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB),

This report is a key indicator of housing market strength based on a monthly survey sent to over 50000 real estate practitioners.

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Confidence in the market for new multifamily housing weakened in the first quarter of 2019, according to results from the Multifamily Market Survey (MMS). The Multifamily Production Index (MPI) dropped seven points to 40 compared to the previous quarter, which is the lowest reading since the third quarter of 2010.

The numbers: Home builder confidence rose one point to. from pricier land and less-available labor, to local policies and.