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Facts & Figures

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Facts & Figures

133,000 new multifamily residences have been forecasted by the NAHB for 2012.*

21% is the projected increase for multifamily housing starts for 2011.

51.7 represents the developers’ perception of the market-rate rental properties component of the MPI on a scale of 1 to 100. This is the first time this part of the index has been above 50 since 2007.

Multifamily housing starts for 2012 are projected to increase by 40% over 2011 starts.

40.8 is the current Multifamily Production Index (MPI), which shows developer sentiment regarding new construction. This is the highest it’s been since the
end of 2006.

* According to NAHB Press Release “Multifamily Rentals: NAHB Sees Rising Demand, Insufficient Supply”

Source: According to the NAHB Senate Banking Committee Statement on March 9, 2011
Source: According to the NAHB Multifamily Market Index, Q4 2010

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