Thought some may find this useful.
Builders optimistic about multifamily development
WASHINGTON – Feb. 10, 2006 –
The MMI is a quarterly, nationwide survey of multifamily builders and property owners who are asked a series of questions about current market conditions as well as their expectations for the next six months. Survey answers are assigned numerical values to calculate two separate indexes, one tracking rental demand and the other tracking the supply of rental and for-sale units. The scale is from 1 to 100, with a rating of 50 generally indicating that the number of positive responses is about the same as the number of negative responses.