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Getting Better!

New York
Getting Better!
National Multi Housing Council chart
There's better news this time around from to the National Multi Housing Council's quarterly survey of market conditions. The report found that the Debt Financing Index increased from 58 to 81 (a number over 50 means borrowing conditions are improving). 64% of respondents said conditions for multifamily borrowing were better in Q2 than Q1, the second-highest debt-financing figure in the history of the series. Only 3% reported worse conditions. Two indexes set records—the Sales Volume Index jumped from 72 to a record-setting 78, and the Equity Financing Index increased from a prior record 71 to a new record 73, indicating that equity financing is more available.