Wednesday, October 26, 2005

Some Good News for a Change

Multifamily Housing Stock are soaring through the roof.

The NAHB's Multifamily Stock Index follows 27 publicly traded companies and has recently reported that the index increased 48% this month.

The Multifamily Stock Index is currently outpacing the S&P 500 by more then a 130 percent, according to Elliot Eisenberg, a housing policy economist at NAHB and creator of the index.

Could this be the start of more good news?


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