ManufacturedHomeSalesGrowingDoubleDigits

Double-Digit Manufactured Home Sales Growth, MHARR July 7 Report

Washington, D.C., July 7, 2016 – 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), manufactured home industry production grew again during May 2016.

Just-released figures state that HUD Code manufactured home builders produced 6,780 homes in May 2016, a 16.9% increase over the 5,798 HUD Code homes produced during May 2015.

Total year-to-date manufactured housing industry production for 2016 now totals 32,570 homes, a 19.5% increase over the 27,257 HUD Code homes produced over the same period in 2015.  

MMarkWeissCEOpresidentMHARR-ManufacturedHousingAssociationforRegulatoryReform-postedMHLivingNews-
M. Mark Weiss, President, CEO of MHARR.

“We’re always pleased to report growing new manufactured home sales. That’s been close to a seven year pattern now,” said MHARR President and CEO, M. Mark Weiss. 

A deeper look at the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through May 2016 — with cumulative, monthly, current year (2016) and prior year (2015) shipments per category as indicated — are:

 

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Data from MHARR, based on federal statistics from the Department of Housing and Urban Development.

The top ten states have held steady in their national ranking.

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Photo credits – top right and left – HiTech Housing. Bottom left, Sunshine Homes, Red Bay AL, bottom right AZ Housing.  Collage by ManufacturedHomeLivingNews.com.  Photo at top of page, Champion Homes.

Manufactured homes today represent a range of homes from single-sectional, multi-sectional (aka ‘double wides’), multi-level (eg: Cape Cod style, homes over basements) and other homes that are built in an indoor, controlled environment and then are transported and installed permenantly at the home owners desired location.  Manufactured homes are built to strict federal construction and safety standards, regulated by the Department of Housing and Urban Development (HUD).  The U.S. Census Bureau reports that manufactured homes are about half the price of similar conventional housing.  ##

(Editor’s Note: to learn more about modern manufactured homes, check out videos and other articles here on MHLivingNews.  For a historic perspective of the evolution from trailers, to mobile homes to contemporary manufactured homes, see the video here.)

matthew-silver-manufacturedhomelivingnews-comArticle submitted by Matthew J Silver, for Manufactured Home Living News.

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