Manufactured Home Shipments Up Again

New Manufactured Home Shipments Up Again
New home shipments on the rise.

8,425 New HUD-Code Homes Shipped in August 2017, An Increase of 15.3 Percent from the Same Month in 2016

In August 2017, 8,425 new manufactured homes were shipped nationally, an increase of 15.3 percent from August 2016, and an increase of 2,617 homes or 45.1 percent compared to July 2017.

All numbers are compiled and reported by the Manufactured Housing Institute.

Compared with August 2016, the trend reflected increases across the board, with shipments of single section and multi-section homes up by 19.1 percent and 12.2 percent, respectively. Total floors shipped in August 2017 were 13,063, an increase of 14.0 percent compared with August 2016.

The seasonally adjusted annual rate (SAAR) of shipments was 92,754 in August 2017, up 23.7 percent from the adjusted rate of 74,988 in July 2017. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

The number of plants reporting production in August 2017 was 130, one more than in the previous month. The number of active corporations was 35, the same compared to July 2017.

Compared with last year, 2017 has recorded shipment increases in the first eight months. Shipments from January through August this year totaled 60,831 homes compared with 52,536 homes in 2016, a net increase of 15.8 percent.