• Skip to main content

    Analysis

    February 25, 2022

    Multifamily Construction Ends Q4 on a High

    Written by David Schollaert

    The outlook for multifamily construction closed the year on a positive note, as confidence in the market for new multifamily housing improved in the fourth quarter of 2021, according to the National Association of Home Builders’ (NAHB) Multifamily Market Survey (MMS).

    The MMS’s two separate indices saw mixed results. The Multifamily Production Index (MPI) gained one point to 54 versus the previous quarter, while the Multifamily Occupancy Index (MOI) fell six points to 69.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

    Latest in Analysis