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Manufactured Housing Shipment Totals, June 2018

ManufacturedHomeShipmentTotalDailyBusinessNewsMHProNewsJune2018

For the industry professionals who know the inside of a factory-building operation, the home in this photo is the start of a modular flooring system. The plant in the photo builds both HUD Code manufactured homes, and state coded modular homes. Details matter.

Manufactured housing shipments continued to rise, but the pace of growth slowed in June, per the latest data from the Manufactured Housing Association for Regulatory Reform (MHARR).  MHProNews presents MHARR’s latest data, and their formal statement, followed by an MHProNews analysis. 

 

HUDCodeProductionGrowthContinuesJune2018ManufacturedHousingIndustryDailyBusinessNewsMHProNews598

Washington, D.C., August 6, 2018 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production growth was sustained in June 2018.

Just-released statistics indicate that HUD Code manufacturers produced 8,258 homes in June 2018, a 1.3% increase over the 8,152 HUD Code homes produced during June 2017.

Cumulative industry production for 2018 now totals 50,897 homes, a 9.4% increase over the 46,502 HUD Code homes produced over the same period in 2017.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through June 2018 — with cumulative, monthly, current year (2018) and prior year (2017) shipments per category as indicated — are:

Top10ManufacturedHousingshipments2018CummulativeManufacturedHousingAssocRegulatoryReformMHARRTXLAFLALNCMSCAKYMITN-DailyBusinessNewsMHProNews

The latest information for June 2018 results in no changes to the cumulative top ten list.

About MHARR

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing. 

ManufacturedHousingAssocRegulatoryReformJOINMHARRbani-200x200

Click the above to learn more, which is not connected to this report.

MHProNews Analysis

MHARR is statistically correct in pointing to the ongoing rise in shipments.  There are good reasons to celebrate any gain.

That said, as the Daily Business News on MHProNews reported last week, the statistics also point to a slowing of the growth rate. MHARR’s leadership, in a video previously posted, indicates that the industry ought to be fully engaging in the post-production side, in order to grow more rapidly.  As if to underscore that point, the latest HousingEconomics data reveals that conventional housing is outselling manufactured homes by more than 16 to 1.

HousingEconomics Releases New Data on U.S. Housing, Comparing MH and Stick Built Data

Given that data point, consider the wide cost difference between conventional and manufactured homes.

Fresh Facts, Figures, Future of Affordable Housing -Comparisons- Conventional Site-Built v Mobile/Manufactured Home Industry Data

Couple that with some state-specific data, and there are several states which represent a potential warning sign for HUD Code manufactured housing producers, and sellers – if this trend were to continue.

Significant Slowdown of New HUD Code Manufactured Home Production Growth in June, Per Latest Data

When one looks at the data for conventional housing starts, what this trend also reflects is the continuing underperformance of manufactured housing in the marketplace.

The related reports reflect several concerns being expressed by various industry voices, and those who are researching manufactured housing.

The industry historically did much more.  It can and should be doing more today. “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

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