NAHB : U.S apartment and condominium market dips slightly in the second quarter

The Multifamily Production Index (MPI), released by the National Association of Home Builders (NAHB) fell slightly in the second quarter of 2016, dropping three points to 50. This is the 18th consecutive reading of 50 or above. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a …