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28 Oct
19:18

US multi-family housing outlook rebounds in Q3

The construction outlook for US multi-family housing has returned to pre-Covid-19 levels in the third quarter suggests data gathered by PSMJ Resources, Kallanish reports. According to the PSMJ Resources’ quarterly market forecast, the multi-family housing market’s net plus/minus index (NPMI) reached 40% in the third quarter. This follows quarters of -2% and 7%, respectively, in the first half of 2020. The first quarter's negative index was the fi…
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