The average price nationally of a new HUD Code manufactured home in July 2023 was below the cost for the average manufactured home in in 2022 or 2021. Who says? The most recent U.S. Census Bureau data. In July 2023, per the Census Bureau, the average cost for a new manufactured home stood at $118,000. That average in July of 2022 was $131,800. In July 2021 that average new HUD Code manufactured home was $118,700. But in July of 2020, the last full year that President Donald J. Trump was in office, that new manufactured home average was only $84,200. Supply chain issues, inflation, and other factors like rising financing costs caused the sharp spike in 2021 and 2022. While some of that has reportedly been more moderated in 2023, the ‘average’ new manufactured home per Census Bureau data nevertheless shot up about $47,600 higher (2022 vs. 2020) due to what Democrats, the Biden White House, and others have dubbed “Bidenonomics” than it was in 2020 during the last full year of the Trump Administration.
Comparing the lower July 2023 to July 2020 (Biden era vs. Trump era), the cost a new manufactured home is still about $33,800 more, or roughly a 40.1% spike.
The latest numbers according to HUD’s contractor for such data reveals that the numbers of new HUD Code manufactured homes produced and shipped are sharply lower in 2023 vs. year-to-date 2022, or 2020 for that matter. As years of data and calculations for new HUD Code manufactured home production made publicly available by the Manufactured Housing Association for Regulatory Reform (MHARR) by month have revealed, the numbers of new manufactured housing units produced in 2023 is sharply lower in 2022 that it has been for some 6 to 7 years.
Note: to expand this image below to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.
With that backdrop, here are the latest available figures by states and type (single section = SW, or MW meaning multi-sectional or ‘multi-wide’ new manufactured home) from the Institute for Building Technology & Safety (IBTS), HUD’s contractor to collect federal data on new HUD Code manufactured home production and shipments.
Part I
Institute for Building Technology & Safety | |||||||||
Shipments and Production Summary Report 10/01/2023 – 10/31/2023 | |||||||||
Shipments | ||||
State | SW | MW | Total | Floors |
Dest. Pending | 18 | 6 | 24 | 30 |
Alabama | 217 | 233 | 450 | 685 |
Alaska | 0 | 0 | 0 | 0 |
Arizona | 43 | 114 | 157 | 272 |
Arkansas | 81 | 77 | 158 | 236 |
California | 28 | 209 | 237 | 451 |
Colorado | 44 | 22 | 66 | 88 |
Connecticut | 9 | 7 | 16 | 23 |
Delaware | 4 | 17 | 21 | 38 |
District of Columbia | 0 | 0 | 0 | 0 |
Florida | 241 | 438 | 679 | 1,123 |
Georgia | 143 | 219 | 362 | 581 |
Hawaii | 0 | 0 | 0 | 0 |
Idaho | 9 | 20 | 29 | 49 |
Illinois | 47 | 32 | 79 | 111 |
Indiana | 116 | 48 | 164 | 212 |
Iowa | 22 | 7 | 29 | 36 |
Kansas | 30 | 11 | 41 | 52 |
Kentucky | 106 | 198 | 304 | 502 |
Louisiana | 353 | 159 | 512 | 670 |
Maine | 38 | 56 | 94 | 150 |
Maryland | 8 | 6 | 14 | 20 |
Massachusetts | 6 | 4 | 10 | 14 |
Michigan | 109 | 119 | 228 | 347 |
Minnesota | 24 | 35 | 59 | 94 |
Mississippi | 149 | 181 | 330 | 510 |
Missouri | 59 | 57 | 116 | 173 |
Montana | 8 | 10 | 18 | 28 |
Nebraska | 40 | 3 | 43 | 46 |
Nevada | 15 | 25 | 40 | 68 |
New Hampshire | 10 | 19 | 29 | 48 |
New Jersey | 17 | 11 | 28 | 39 |
New Mexico | 53 | 74 | 127 | 205 |
New York | 83 | 86 | 169 | 255 |
North Carolina | 226 | 260 | 486 | 746 |
North Dakota | 13 | 18 | 31 | 49 |
Ohio | 100 | 64 | 164 | 228 |
Oklahoma | 121 | 105 | 226 | 332 |
Oregon | 15 | 67 | 82 | 157 |
Pennsylvania | 69 | 81 | 150 | 231 |
Rhode Island | 4 | 0 | 4 | 4 |
South Carolina | 138 | 277 | 415 | 692 |
South Dakota | 41 | 18 | 59 | 77 |
Tennessee | 92 | 182 | 274 | 456 |
Texas | 638 | 755 | 1,393 | 2,159 |
Utah | 6 | 12 | 18 | 30 |
Vermont | 11 | 10 | 21 | 31 |
Virginia | 43 | 54 | 97 | 151 |
Washington | 8 | 91 | 99 | 195 |
West Virginia | 23 | 63 | 86 | 149 |
Wisconsin | 119 | 27 | 146 | 173 |
Wyoming | 9 | 0 | 9 | 9 |
Canada | 0 | 0 | 0 | 0 |
Puerto Rico | 0 | 0 | 0 | 0 |
Total | 3,806 | 4,587 | 8,393 | 13,025 |
THE ABOVE STATISTICS ARE PROVIDED AS A MONTHLY | ||||
SUBSCRIPTION SERVICE. REPRODUCTION IN PART OR | ||||
IN TOTAL MUST CARRY AN ATTRIBUTION TO IBTS, INC. |
Production | ||||
State | SW | MW | Total | Floors |
States Shown(*) | 243 | 315 | 558 | 876 |
Alabama | 715 | 706 | 1,421 | 2,129 |
*Alaska | 0 | 0 | 0 | 0 |
Arizona | 42 | 124 | 166 | 294 |
*Arkansas | 0 | 0 | 0 | 0 |
California | 26 | 184 | 210 | 397 |
*Colorado | 0 | 0 | 0 | 0 |
*Connecticut | 0 | 0 | 0 | 0 |
*Delaware | 0 | 0 | 0 | 0 |
*District of Columbia | 0 | 0 | 0 | 0 |
Florida | 77 | 232 | 309 | 545 |
Georgia | 152 | 344 | 496 | 841 |
*Hawaii | 0 | 0 | 0 | 0 |
Idaho | 28 | 59 | 87 | 151 |
*Illinois | 0 | 0 | 0 | 0 |
Indiana | 545 | 193 | 738 | 931 |
*Iowa | 0 | 0 | 0 | 0 |
*Kansas | 0 | 0 | 0 | 0 |
*Kentucky | 0 | 0 | 0 | 0 |
*Louisiana | 0 | 0 | 0 | 0 |
*Maine | 0 | 0 | 0 | 0 |
*Maryland | 0 | 0 | 0 | 0 |
*Massachusetts | 0 | 0 | 0 | 0 |
*Michigan | 0 | 0 | 0 | 0 |
Minnesota | 57 | 61 | 118 | 179 |
*Mississippi | 0 | 0 | 0 | 0 |
*Missouri | 0 | 0 | 0 | 0 |
*Montana | 0 | 0 | 0 | 0 |
*Nebraska | 0 | 0 | 0 | 0 |
*Nevada | 0 | 0 | 0 | 0 |
*New Hampshire | 0 | 0 | 0 | 0 |
*New Jersey | 0 | 0 | 0 | 0 |
*New Mexico | 0 | 0 | 0 | 0 |
*New York | 0 | 0 | 0 | 0 |
North Carolina | 217 | 279 | 496 | 775 |
*North Dakota | 0 | 0 | 0 | 0 |
*Ohio | 0 | 0 | 0 | 0 |
*Oklahoma | 0 | 0 | 0 | 0 |
Oregon | 21 | 157 | 178 | 346 |
Pennsylvania | 212 | 275 | 487 | 762 |
*Rhode Island | 0 | 0 | 0 | 0 |
*South Carolina | 0 | 0 | 0 | 0 |
*South Dakota | 0 | 0 | 0 | 0 |
Tennessee | 505 | 773 | 1,278 | 2,051 |
Texas | 966 | 885 | 1,851 | 2,748 |
*Utah | 0 | 0 | 0 | 0 |
*Vermont | 0 | 0 | 0 | 0 |
*Virginia | 0 | 0 | 0 | 0 |
*Washington | 0 | 0 | 0 | 0 |
*West Virginia | 0 | 0 | 0 | 0 |
*Wisconsin | 0 | 0 | 0 | 0 |
*Wyoming | 0 | 0 | 0 | 0 |
*Canada | 0 | 0 | 0 | 0 |
*Puerto Rico | 0 | 0 | 0 | 0 |
Total | 3,806 | 4,587 | 8,393 | 13,025 |
(*) THESE STATES HAVE FEWER THAN THREE PLANTS. | ||||
FIGURES ARE AGGREGATED ON FIRST LINE ABOVE | ||||
TOTALS TO PROTECT PROPRIETARY INFORMATION. |
Ashok K Goswami, PE, COO, 45207 Research Place, Ashburn, VA ##
Part II – U.S. Census Bureau Figures on Average Cost for a New HUD Code Manufactured Home by Size of Home by Region and Nationally in 2023
Average Sales Price of New Manufactured Homes by Region and Size of Home | ||||||||||||||
By Month of Shipment |
(Dollars) – Years 2014 to 2023 |
MHProNews Notice: Scroll further down to see Midwest | South | West regions by year.
United States | Northeast | |||||
Total1 | Single | Double | Total1 | Single | Double | |
2023 | ||||||
July | 118,000 | 82,300 | 150,200 | 122,700 | 72,900 | 143,100 |
June | 121,400 | 85,400 | 153,900 | 121,800 | 85,300 | 149,800 |
May | 129,900 | 86,300 | 160,200 | 120,900 | 89,800 | 146,000 |
April | 125,000 | 86,100 | 153,600 | 123,900 | 87,000 | 160,800 |
March | 124,700 | 85,200 | 155,400 | 135,200 | 100,600 | 172,900 |
February | 128,100 | 89,200 | 160,400 | 136,600 | 107,000 | 167,800 |
January | 126,100 | 82,100 | 156,900 | 122,900 | 86,700 | 148,300 |
2022 | ||||||
December | 122,100 | 80,200 | 155,700 | 113,900 | 75,300 | 158,300 |
November | 125,200 | 88,000 | 155,200 | 119,200 | 93,900 | 146,700 |
October | 128,300 | 81,400 | 160,400 | 127,000 | 86,400 | 155,300 |
September | 130,400 | 95,800 | 159,400 | 131,300 | 101,400 | 162,000 |
August | 125,700 | 86,500 | 158,800 | 117,800 | 74,700 | 145,100 |
July | 131,800 | 85,200 | 161,600 | 129,700 | 93,300 | 157,400 |
June | 126,900 | 87,600 | 159,600 | 118,500 | 92,700 | 134,100 |
May | 124,900 | 85,800 | 159,200 | 121,500 | 82,100 | 148,500 |
April | 132,000 | 83,100 | 168,000 | 128,900 | 87,200 | 154,700 |
March | 129,200 | 87,300 | 156,600 | 117,900 | 97,400 | 145,300 |
February | 128,000 | 87,700 | 156,300 | 130,600 | 76,000 | 152,700 |
January | 122,500 | 84,600 | 152,800 | 120,600 | 85,900 | 141,800 |
2021 | ||||||
December | 123,200 | 80,900 | 150,300 | 104,700 | 73,900 | 127,200 |
November | 111,900 | 76,400 | 139,900 | 100,900 | 71,600 | 133,500 |
October | 112,000 | 81,700 | 138,200 | 110,300 | 74,400 | 138,700 |
September | 118,300 | 78,800 | 141,300 | 102,100 | 76,100 | 124,100 |
August | 112,000 | 80,000 | 138,000 | 105,000 | 86,000 | 117,000 |
July | 118,700 | 76,000 | 137,800 | 98,500 | 74,100 | 125,700 |
June | 106,800 | 70,200 | 128,100 | 101,600 | 73,700 | 124,200 |
May | 106,500 | 69,900 | 128,300 | 98,400 | 69,900 | 121,500 |
April | 100,200 | 66,700 | 122,500 | 95,900 | 73,800 | 113,300 |
March | 98,100 | 63,300 | 123,200 | 91,400 | 58,600 | 121,300 |
February | 98,300 | 65,400 | 122,500 | 88,300 | 59,400 | 113,800 |
January | 95,000 | 64,100 | 118,500 | 102,600 | 67,900 | 116,200 |
2020 | ||||||
December | 90,200 | 62,600 | 110,800 | 93,600 | 58,200 | 115,300 |
November | 92,600 | 63,500 | 112,800 | 85,600 | 63,600 | 103,900 |
October | 89,400 | 57,200 | 110,000 | 91,000 | 57,700 | 112,100 |
September | 87,300 | 58,300 | 107,800 | 84,800 | 61,000 | 105,600 |
August | 88,200 | 57,700 | 109,300 | 87,600 | 56,700 | 109,600 |
July | 84,200 | 59,800 | 102,700 | 78,600 | 58,600 | 100,300 |
June | 85,600 | 52,900 | 109,800 | 91,700 | 55,400 | 117,000 |
May | 85,900 | 55,200 | 109,100 | 79,100 | 56,300 | 100,200 |
April | 86,900 | 53,300 | 108,200 | 86,100 | 53,900 | 105,200 |
March | 82,900 | 53,800 | 106,900 | 79,100 | 54,400 | 102,400 |
February | 83,400 | 55,600 | 107,500 | 81,500 | 54,000 | 109,800 |
January | 86,400 | 55,300 | 107,900 | 77,700 | 52,900 | 104,800 |
2019 | ||||||
December | 86,400 | 54,400 | 105,700 | 79,500 | 54,000 | 98,500 |
November | 81,600 | 52,100 | 107,100 | 79,200 | 49,400 | 113,100 |
October | 81,700 | 53,900 | 103,800 | 80,600 | 61,200 | 101,600 |
September | 81,500 | 55,600 | 101,800 | 84,100 | 59,600 | 103,700 |
August | 84,100 | 49,200 | 107,900 | 81,900 | 45,700 | 101,200 |
July | 82,000 | 54,000 | 106,500 | 88,000 | 51,600 | 129,500 |
June | 84,400 | 52,800 | 103,800 | 84,800 | 57,800 | 109,100 |
May | 78,100 | 53,800 | 98,100 | 76,400 | 49,200 | 105,200 |
April | 78,900 | 55,700 | 100,700 | 82,000 | 59,300 | 109,000 |
March | 78,900 | 50,400 | 102,100 | 74,500 | 48,000 | 98,400 |
February | 85,000 | 52,600 | 107,600 | 74,100 | 52,300 | 97,500 |
January | 81,800 | 53,400 | 103,400 | 86,600 | 60,100 | 109,000 |
2018 | ||||||
December | 82,400 | 52,100 | 106,000 | 79,600 | 57,500 | 93,600 |
November | 79,900 | 55,400 | 100,500 | 81,400 | 52,300 | 104,700 |
October | 82,400 | 54,500 | 106,000 | 81,600 | 59,300 | 96,200 |
September | 83,600 | 54,400 | 105,400 | 78,800 | 57,600 | 97,300 |
August | 81,500 | 55,100 | 100,900 | 82,900 | 58,400 | 113,000 |
July | 78,900 | 52,000 | 99,300 | 73,600 | 33,900 | 100,600 |
June | 85,400 | 54,900 | 101,300 | 82,400 | 52,900 | 97,500 |
May | 81,200 | 57,100 | 99,100 | 81,700 | 62,400 | 104,300 |
April | 74,900 | 50,600 | 98,700 | 87,300 | 54,900 | 109,900 |
March | 70,600 | 49,800 | 91,400 | 70,900 | 50,400 | 96,600 |
February | 73,400 | 47,900 | 93,800 | 80,400 | 50,800 | 98,200 |
January | 69,000 | 47,300 | 92,100 | 79,500 | 52,400 | 106,000 |
2017 | ||||||
December | 72,900 | 53,400 | 91,800 | 76,900 | 49,200 | 100,300 |
November | 71,800 | 46,600 | 99,100 | 75,300 | 49,400 | 107,000 |
October | 68,300 | 46,400 | 95,500 | 76,300 | 45,100 | 96,900 |
September | 71,800 | 47,100 | 93,800 | 72,400 | 50,800 | 92,700 |
August | 73,800 | 47,600 | 94,300 | 70,400 | 50,400 | 88,700 |
July | 75,300 | 47,900 | 93,800 | 80,700 | 52,500 | 102,100 |
June | 75,600 | 49,500 | 97,400 | 84,800 | 57,300 | 95,500 |
May | 71,800 | 49,100 | 87,900 | 78,800 | 55,500 | 93,300 |
April | 73,300 | 47,400 | 89,900 | 79,600 | 53,800 | 100,200 |
March | 70,100 | 50,800 | 88,000 | 76,900 | 56,700 | 100,700 |
February | 71,000 | 48,700 | 92,500 | 86,500 | 48,700 | 96,300 |
January | 68,100 | 44,900 | 89,700 | 84,700 | 59,900 | 99,600 |
2016 | ||||||
December | 73,100 | 49,900 | 90,800 | 73,900 | 44,200 | 92,800 |
November | 71,700 | 47,000 | 90,900 | 70,800 | 45,500 | 94,000 |
October | 71,600 | 48,300 | 87,400 | 75,300 | 45,700 | 90,700 |
September | 69,400 | 46,700 | 93,000 | 79,600 | 55,400 | 101,800 |
August | 74,200 | 50,000 | 93,100 | 86,100 | 57,500 | 106,600 |
July | 73,300 | 49,500 | 91,000 | 73,900 | 53,400 | 103,600 |
June | 70,500 | 46,600 | 87,000 | 85,000 | 50,900 | 113,700 |
May | 71,300 | 45,800 | 87,800 | 75,900 | 45,900 | 99,600 |
April | 67,800 | 44,100 | 87,500 | 78,600 | 45,400 | 100,100 |
March | 69,800 | 44,500 | 88,300 | 72,800 | 45,100 | 103,200 |
February | 67,600 | 43,900 | 92,600 | 81,500 | 50,000 | 97,300 |
January | 67,600 | 45,900 | 84,100 | 69,400 | 48,100 | 90,700 |
2015 | ||||||
December | 70,800 | 46,200 | 88,100 | 74,200 | 52,100 | 95,300 |
November | 68,000 | 44,300 | 89,400 | 79,000 | 52,500 | 90,600 |
October | 66,800 | 43,800 | 84,900 | 77,100 | 45,100 | 95,200 |
September | 70,700 | 48,400 | 87,700 | 71,600 | 54,400 | 91,400 |
August | 67,000 | 42,900 | 87,100 | 73,300 | 53,600 | 94,100 |
July | 64,500 | 44,400 | 83,700 | 68,000 | 47,700 | 83,100 |
June | 69,100 | 45,500 | 87,500 | 68,100 | 53,200 | 90,700 |
May | 69,500 | 47,300 | 89,100 | 69,500 | 46,100 | 84,700 |
April | 67,400 | 46,900 | 86,500 | 69,400 | 48,900 | 88,800 |
March | 66,200 | 46,100 | 85,000 | 89,000 | 52,300 | 114,000 |
February | 68,300 | 46,200 | 87,000 | 66,500 | 50,000 | 88,800 |
January | 68,400 | 44,600 | 84,400 | 64,700 | 45,600 | 77,200 |
2014 | ||||||
December | 64,800 | 46,200 | 78,100 | 68,100 | 55,300 | 77,500 |
November | 64,200 | 43,700 | 83,500 | 80,500 | 58,000 | 98,300 |
October | 62,400 | 46,000 | 76,900 | 63,400 | 50,900 | 73,600 |
September | 67,000 | 43,600 | 82,600 | 71,900 | 45,000 | 88,500 |
August | 67,100 | 44,200 | 87,600 | 71,700 | 43,100 | 93,600 |
July | 63,500 | 45,400 | 80,100 | 57,900 | 43,900 | 73,300 |
June | 65,200 | 44,900 | 84,000 | 73,800 | 47,000 | 94,900 |
May | 65,400 | 45,700 | 78,300 | 62,900 | 50,200 | 76,200 |
April | 66,400 | 44,700 | 83,000 | 61,300 | 44,000 | 82,500 |
March | 65,700 | 43,200 | 83,900 | 76,400 | 43,100 | 91,600 |
February | 64,300 | 45,000 | 82,200 | 59,100 | 40,600 | 76,200 |
January | 68,300 | 48,000 | 84,500 | 72,100 | 48,700 | 92,600 |
Midwest | South | West | |||||||
Total1 | Single | Double | Total1 | Single | Double | Total1 | Single | Double | |
2023 | |||||||||
July | 116,000 | 81,400 | 153,400 | 114,900 | 82,600 | 149,300 | 137,000 | 84,800 | 154,900 |
June | 111,800 | 84,200 | 153,700 | 120,100 | 85,300 | 152,600 | 140,000 | 89,500 | 162,400 |
May | 104,900 | 82,900 | 141,000 | 132,500 | 87,800 | 161,600 | 149,700 | 79,800 | 171,800 |
April | 112,300 | 87,000 | 148,900 | 123,200 | 83,200 | 150,100 | 150,600 | 105,100 | 173,400 |
March | 109,400 | 88,600 | 152,000 | 123,800 | 80,800 | 153,100 | 140,800 | 94,900 | 162,000 |
February | 114,400 | 85,300 | 158,800 | 127,800 | 88,200 | 157,900 | 144,000 | 92,800 | 170,000 |
January | 107,200 | 83,600 | 153,100 | 129,200 | 81,200 | 158,300 | 131,500 | 81,300 | 156,700 |
2022 | |||||||||
December | 104,700 | 82,300 | 144,300 | 124,000 | 80,700 | 155,400 | 134,700 | 77,600 | 162,400 |
November | 113,600 | 89,100 | 147,600 | 126,000 | 86,500 | 155,800 | 138,400 | 89,500 | 161,800 |
October | 113,500 | 87,500 | 156,700 | 128,100 | 77,000 | 160,000 | 153,600 | 86,200 | 167,300 |
September | 114,600 | 93,000 | 155,500 | 130,300 | 94,400 | 158,500 | 148,600 | 107,500 | 163,900 |
August | 110,900 | 87,500 | 151,900 | 126,400 | 86,000 | 159,400 | 144,100 | 93,400 | 166,400 |
July | 110,800 | 83,600 | 156,100 | 131,300 | 82,900 | 158,700 | 156,800 | 97,300 | 178,200 |
June | 112,500 | 90,100 | 146,500 | 125,300 | 88,200 | 159,900 | 154,200 | 68,400 | 174,500 |
May | 112,300 | 83,600 | 148,800 | 124,400 | 85,900 | 162,400 | 142,000 | 91,900 | 156,100 |
April | 110,400 | 80,500 | 147,800 | 132,100 | 83,500 | 169,900 | 155,400 | 82,400 | 176,600 |
March | 118,500 | 90,000 | 154,200 | 127,400 | 85,200 | 154,400 | 156,100 | 89,800 | 171,600 |
February | 115,900 | 82,400 | 155,500 | 126,300 | 89,500 | 155,000 | 150,100 | 85,100 | 163,600 |
January | 108,300 | 82,800 | 145,400 | 122,700 | 85,400 | 153,300 | 140,800 | 80,700 | 161,000 |
2021 | |||||||||
December | 103,300 | 88,200 | 129,400 | 123,500 | 80,000 | 149,600 | 145,200 | 76,900 | 170,600 |
November | 107,300 | 78,100 | 143,800 | 110,700 | 77,000 | 138,400 | 128,800 | 68,400 | 145,500 |
October | 101,000 | 81,000 | 132,600 | 110,700 | 81,900 | 136,400 | 131,600 | 85,000 | 150,400 |
September | 109,300 | 80,900 | 142,300 | 119,300 | 78,500 | 142,200 | 132,100 | 76,200 | 141,600 |
August | 100,000 | 77,000 | 132,000 | 112,000 | 80,000 | 139,000 | 135,000 | 79,000 | 143,000 |
July | 110,500 | 79,100 | 139,300 | 119,200 | 74,500 | 137,100 | 131,100 | 81,700 | 142,800 |
June | 94,900 | 65,600 | 125,800 | 107,500 | 70,700 | 128,000 | 116,400 | 72,200 | 131,500 |
May | 94,300 | 67,500 | 128,200 | 109,900 | 70,600 | 129,200 | 104,400 | 70,300 | 125,500 |
April | 85,400 | 61,800 | 125,400 | 100,400 | 67,700 | 122,200 | 118,400 | 65,000 | 125,000 |
March | 86,400 | 60,800 | 119,100 | 98,100 | 63,700 | 122,400 | 113,000 | 67,300 | 130,800 |
February | 87,300 | 62,400 | 118,100 | 98,100 | 67,100 | 121,800 | 116,900 | 60,900 | 131,900 |
January | 83,000 | 62,100 | 112,700 | 94,000 | 64,600 | 117,300 | 113,400 | 62,300 | 129,500 |
2020 | |||||||||
December | 77,100 | 55,800 | 107,900 | 90,100 | 64,500 | 109,900 | 108,800 | 64,500 | 115,900 |
November | 81,000 | 62,400 | 117,400 | 92,600 | 64,200 | 109,700 | 115,400 | 60,100 | 128,200 |
October | 81,700 | 58,300 | 108,000 | 87,400 | 56,500 | 107,900 | 108,900 | 61,200 | 120,000 |
September | 72,100 | 52,800 | 98,300 | 86,900 | 58,400 | 105,700 | 110,100 | 68,600 | 126,600 |
August | 75,900 | 59,500 | 97,600 | 87,900 | 56,800 | 109,100 | 104,900 | 60,500 | 119,500 |
July | 72,600 | 56,900 | 97,000 | 83,700 | 59,500 | 101,300 | 103,700 | 72,100 | 113,200 |
June | 81,400 | 56,100 | 115,200 | 82,700 | 51,700 | 106,800 | 102,700 | 55,600 | 117,000 |
May | 73,400 | 56,800 | 100,900 | 85,200 | 54,100 | 108,500 | 105,100 | 60,700 | 117,800 |
April | 79,500 | 57,000 | 105,000 | 84,000 | 51,600 | 106,100 | 111,800 | 64,500 | 120,300 |
March | 79,200 | 55,300 | 108,400 | 82,000 | 53,300 | 106,900 | 92,600 | 54,300 | 106,700 |
February | 70,900 | 55,200 | 98,200 | 82,000 | 55,300 | 105,600 | 103,500 | 59,600 | 118,900 |
January | 74,200 | 55,400 | 101,800 | 86,200 | 55,200 | 108,100 | 103,400 | 59,900 | 111,300 |
2019 | |||||||||
December | 70,200 | 54,400 | 96,100 | 87,900 | 54,600 | 106,900 | 97,700 | 52,100 | 107,600 |
November | 73,400 | 50,600 | 104,000 | 79,500 | 52,500 | 104,800 | 101,400 | 54,100 | 114,700 |
October | 72,100 | 53,800 | 100,200 | 81,600 | 52,500 | 103,400 | 96,600 | 58,800 | 109,100 |
September | 71,900 | 55,900 | 98,400 | 80,200 | 55,100 | 99,300 | 99,500 | 55,300 | 113,000 |
August | 75,700 | 52,500 | 99,800 | 81,400 | 48,700 | 106,600 | 107,500 | 48,200 | 120,700 |
July | 74,400 | 53,900 | 105,700 | 78,100 | 54,900 | 100,300 | 108,400 | 45,700 | 121,000 |
June | 72,600 | 52,700 | 97,100 | 83,400 | 53,200 | 100,500 | 100,600 | 47,000 | 118,800 |
May | 72,300 | 56,000 | 98,100 | 75,800 | 53,600 | 95,000 | 96,300 | 55,000 | 106,800 |
April | 70,800 | 56,700 | 91,900 | 77,100 | 54,000 | 99,300 | 95,400 | 63,600 | 109,100 |
March | 71,300 | 49,900 | 96,300 | 77,800 | 50,900 | 101,600 | 92,900 | 49,100 | 108,500 |
February | 72,500 | 56,000 | 97,200 | 84,800 | 52,600 | 106,600 | 103,100 | 43,500 | 119,400 |
January | 68,000 | 54,200 | 98,000 | 81,100 | 51,400 | 101,700 | 95,800 | 59,000 | 110,400 |
2018 | |||||||||
December | 74,300 | 53,800 | 96,400 | 80,100 | 51,500 | 104,900 | 101,400 | 51,600 | 120,400 |
November | 74,100 | 56,200 | 101,900 | 77,100 | 54,600 | 97,800 | 99,300 | 62,600 | 107,800 |
October | 73,100 | 56,700 | 94,300 | 79,800 | 53,500 | 105,900 | 105,100 | 57,300 | 116,500 |
September | 76,700 | 58,300 | 105,500 | 81,600 | 51,900 | 104,500 | 102,600 | 62,000 | 111,600 |
August | 73,600 | 54,500 | 97,800 | 79,800 | 54,500 | 98,100 | 97,400 | 57,600 | 110,300 |
July | 79,600 | 57,300 | 104,500 | 74,900 | 51,300 | 94,000 | 102,800 | 59,300 | 118,200 |
June | 77,400 | 52,700 | 99,700 | 83,200 | 55,100 | 97,100 | 105,000 | 57,600 | 122,900 |
May | 72,500 | 57,600 | 92,900 | 79,000 | 56,300 | 97,000 | 104,000 | 60,300 | 108,900 |
April | 67,300 | 51,600 | 92,800 | 71,100 | 48,600 | 95,300 | 103,100 | 67,400 | 113,400 |
March | 67,700 | 50,600 | 93,800 | 68,900 | 50,000 | 88,900 | 82,900 | 45,800 | 98,700 |
February | 72,100 | 49,700 | 98,000 | 70,600 | 46,700 | 91,200 | 87,100 | 53,900 | 100,600 |
January | 59,300 | 44,900 | 85,600 | 64,400 | 46,300 | 85,900 | 98,900 | 59,400 | 114,200 |
2017 | |||||||||
December | 64,900 | 48,700 | 84,500 | 70,000 | 54,000 | 89,000 | 96,400 | 58,600 | 103,900 |
November | 68,100 | 48,500 | 90,500 | 65,800 | 45,900 | 91,600 | 114,500 | 49,800 | 130,300 |
October | 65,600 | 48,600 | 88,600 | 64,200 | 45,700 | 93,600 | 95,200 | 50,900 | 106,900 |
September | 62,800 | 45,500 | 87,200 | 68,800 | 46,600 | 89,000 | 95,600 | 51,700 | 116,700 |
August | 65,300 | 48,200 | 88,600 | 72,500 | 47,200 | 91,500 | 91,600 | 46,600 | 110,900 |
July | 70,900 | 48,200 | 89,400 | 70,300 | 47,900 | 88,400 | 99,700 | 44,500 | 111,900 |
June | 69,400 | 49,900 | 94,300 | 70,800 | 49,300 | 91,600 | 106,300 | 46,600 | 125,000 |
May | 64,600 | 45,200 | 84,400 | 68,500 | 49,400 | 84,000 | 94,900 | 47,800 | 104,500 |
April | 63,900 | 47,800 | 84,500 | 70,900 | 45,500 | 86,600 | 93,000 | 57,200 | 104,300 |
March | 64,500 | 49,600 | 83,900 | 67,000 | 50,700 | 84,600 | 89,800 | 49,400 | 99,400 |
February | 61,500 | 46,800 | 84,700 | 66,200 | 48,400 | 87,300 | 104,200 | 59,000 | 115,100 |
January | 59,800 | 45,800 | 85,100 | 64,600 | 44,000 | 85,900 | 93,600 | 45,800 | 107,100 |
2016 | |||||||||
December | 67,100 | 45,000 | 85,800 | 71,400 | 50,100 | 89,000 | 85,900 | 56,000 | 101,500 |
November | 58,900 | 46,500 | 84,700 | 72,100 | 47,100 | 88,000 | 89,200 | 48,100 | 108,900 |
October | 60,200 | 47,600 | 81,300 | 71,300 | 47,500 | 84,700 | 85,100 | 54,100 | 104,000 |
September | 62,400 | 46,100 | 96,500 | 65,300 | 45,400 | 89,300 | 93,900 | 58,000 | 99,000 |
August | 60,800 | 45,500 | 84,300 | 71,600 | 46,100 | 91,300 | 95,000 | 79,900 | 99,600 |
July | 65,900 | 48,200 | 91,700 | 70,200 | 47,700 | 87,100 | 96,800 | 67,700 | 100,600 |
June | 61,500 | 45,100 | 84,100 | 66,800 | 44,900 | 81,500 | 89,000 | 57,100 | 100,300 |
May | 63,500 | 46,700 | 86,600 | 69,800 | 45,000 | 84,600 | 83,500 | 48,000 | 96,400 |
April | 61,600 | 45,900 | 86,900 | 64,900 | 42,500 | 85,000 | 85,400 | 53,900 | 92,900 |
March | 59,200 | 46,200 | 83,200 | 69,600 | 44,100 | 86,300 | 83,200 | 42,500 | 97,000 |
February | 57,900 | 45,600 | 85,100 | 65,300 | 43,000 | 89,700 | 84,800 | 45,400 | 106,600 |
January | 61,400 | 48,200 | 86,800 | 65,200 | 44,600 | 80,200 | 86,900 | 50,000 | 96,100 |
2015 | |||||||||
December | 63,300 | 46,600 | 85,900 | 69,200 | 45,700 | 85,500 | 84,400 | 44,600 | 96,400 |
November | 61,100 | 47,300 | 84,500 | 63,200 | 42,500 | 84,000 | 96,100 | 51,000 | 110,300 |
October | 56,500 | 43,100 | 79,700 | 65,500 | 43,200 | 82,200 | 78,900 | 47,300 | 95,400 |
September | 63,900 | 50,600 | 83,900 | 68,500 | 46,800 | 85,500 | 90,100 | 49,700 | 97,900 |
August | 61,600 | 45,700 | 90,000 | 62,800 | 39,400 | 80,700 | 89,200 | 48,200 | 106,400 |
July | 62,600 | 48,500 | 84,600 | 59,800 | 42,900 | 78,400 | 88,200 | 46,800 | 101,000 |
June | 60,500 | 45,900 | 84,200 | 66,100 | 44,000 | 83,700 | 93,700 | 46,700 | 102,800 |
May | 61,800 | 43,000 | 92,600 | 68,100 | 49,000 | 85,600 | 83,400 | 44,200 | 100,700 |
April | 59,700 | 47,900 | 75,000 | 64,700 | 46,800 | 82,200 | 89,600 | 45,100 | 111,100 |
March | 60,900 | 47,400 | 86,400 | 63,200 | 44,100 | 80,300 | 79,300 | 53,600 | 96,600 |
February | 59,600 | 47,500 | 80,600 | 65,900 | 45,600 | 84,200 | 90,200 | 45,500 | 99,600 |
January | 57,000 | 43,700 | 78,300 | 64,600 | 44,900 | 79,400 | 102,500 | 42,600 | 107,700 |
2014 | |||||||||
December | 57,000 | 45,600 | 72,900 | 62,000 | 45,500 | 75,000 | 86,900 | 52,600 | 91,800 |
November | 61,600 | 47,600 | 84,700 | 59,100 | 39,900 | 78,300 | 84,800 | 57,400 | 95,100 |
October | 64,500 | 50,900 | 78,700 | 59,000 | 44,400 | 74,700 | 77,100 | 47,100 | 84,700 |
September | 59,000 | 41,600 | 78,500 | 66,000 | 44,500 | 80,900 | 80,200 | 39,900 | 90,100 |
August | 60,200 | 46,800 | 80,900 | 66,400 | 43,300 | 87,800 | 75,400 | 45,800 | 88,900 |
July | 61,600 | 45,200 | 77,800 | 61,200 | 45,700 | 77,800 | 79,300 | 45,200 | 92,900 |
June | 58,700 | 45,600 | 81,200 | 62,600 | 44,600 | 81,000 | 82,300 | 44,200 | 92,300 |
May | 61,700 | 46,800 | 79,600 | 64,000 | 44,200 | 76,100 | 77,400 | 49,000 | 88,900 |
April | 59,100 | 45,700 | 78,500 | 66,100 | 43,900 | 81,300 | 77,100 | 47,600 | 92,900 |
March | 58,100 | 45,100 | 81,800 | 63,600 | 42,400 | 82,100 | 84,400 | 46,700 | 90,300 |
February | 59,700 | 44,800 | 86,100 | 62,200 | 44,800 | 79,700 | 79,600 | 48,800 | 90,800 |
January | 72,000 | 51,400 | 88,200 | 63,800 | 46,900 | 80,700 | 87,700 | 55,400 | 93,900 |
Part III – HUD Code Manufactured Home Production by Year from 1995 to 2022 and Year to Date in 2023
Bing AI was asked to find and produce a list of the exact total of new HUD Code manufactured homes by year. Initially, it identified both the U.S. Census Bureau, but also Manufactured Home Pro News. However, it listed the Census data which rounds off, so is not as precise as what Manufactured Home Pro News has provided. Thus this follow up to Bing AI/Bing CoPilot.
> “Pardon me, Bing, But the Census Bureau rounds off, so that data is not exact. Provide the listing by Manufactured Home Pro News instead, and does anyone else in manufactured housing offer that same year by year listing of total units produced from 1995 to 2022?”
I apologize for the confusion. Here is the year-by-year list of the total number of manufactured homes produced in the United States from 1995 to 2022, according to Manufactured Home Pro News 1:
Table
Year | Total Manufactured Homes Produced |
---|---|
1995 | 344,930 |
1996 | 363,345 |
1997 | 353,686 |
1998 | 373,143 |
1999 | 348,075 |
2000 | 250,366 |
2001 | 193,120 |
2002 | 165,489 |
2003 | 130,815 |
2004 | 130,748 |
2005 | 146,881 |
2006 | 117,373 |
2007 | 95,752 |
2008 | 81,457 |
2009 | 49,683 |
2010 | 50,056 |
2011 | 51,618 |
2012 | 54,881 |
2013 | 60,228 |
2014 | 64,334 |
2015 | 70,544 |
2016 | 81,136 |
2017 | 92,902 |
2018 | 96,555 |
2019 | 94,615 |
2020 | 94,390 |
2021 | 105,772 |
2022 | 112,882 |
I was not able to find any other sources that provide the same year-by-year listing of total units produced from 1995 to 2022. However, the Census Bureau provides data on the total number of manufactured homes produced in the United States from 1995 to 2022 2. The Federal Reserve Economic Data website provides a graph of the total shipments of new manufactured homes in the United States from 1959 to 2023 3. …”
Note that MHProNews compiled that information above from official sources, including the federal data reported by MHARR.
Per Washington, D.C. based MHARR’s December 2023 report on 12.4.2023: “Just-released statistics indicate that HUD Code manufacturers produced 8,393 new homes in October 2023, a 3.4% decrease from the 8,649 new HUD Code homes produced in October 2022. Cumulative production for 2023 is now 75,040 homes, a 23.8% decrease from the 98,506 homes produced over the same period during 2022.”
Despite MHI’s current home page claim that it represents “all segments” of manufacutred homes and factory-built housing, under the bold: “Elevating Housing Innovation;
Expanding Attainable Homeownership,’ there is a contraction of “attainable home ownership,” not an expansion. As is noted in several of the linked articles shown herein, MHI has removed information they once had publicly available. Are MHI leaders just saying that they want to expand, when they are actually trying to consolidate, as several of their members have said in their respective publicly traded investor pitch decks? Isn’t expansion tougher when you are stopping new development?
Part IV Additional Information with More MHProNews Analysis and Focused Factual Commentary
There are several factors that could be identified as contributing to the slowdown in the production and sales of new HUD Code manufactured homes. Each of the linked items below a remark will go into further detail on that specific topic. In no particular order of importance are the following items.
- The U.S. Department of Energy (DOE) manufactured housing energy standards rule was published, despite the pending litigation, legal and regulatory maneuvers by the Manufactured Housing Institute (MHI). DOE has asked that MHI’s case be dismissed. MHI’s attorneys have admitted that if the DOE rule goes into effect, manufactured housing will suffer “irreparable harm.” MHARR’s analysis tends to agree with the view of MHI’s attorneys, but is more nuanced. See the details linked below.
2. Several researchers, including HUD and the Niskanen Center have said that zoning has been an impediment. Niskanen, as well as MHARR and MHI, have agreed with those concerns, but also add financing into the mix.
3. Prominent MHI member Cavco Industries has been on both sides of the fence on the zoning barriers issue. On the one hand, they claim that zoning barriers are easing.
On the other hand, Cavco’s President and CEO, William “Bill” Boor told Congress that HUD needs to properly implement their federal enhanced preemption authority. Will the recent state attorney general lawsuit against a vastly larger firm than Boor leads for similar disconnects cause Cavco to pivot? Time will tell.
4. There has been very little development of new manufactured home land-lease communities in recent years. With roughly 30 to sometimes over 50 percent of new manufactured home production going into land-lease communities in recent years – per MHI – that is an apparent barrier to more new home sales, orders, production, and shipments. Among the points found in the report linked below is that MHI has, for whatever reasons, removed once public information from their website. Among the previously available information that has been removed from public access, as is shown in the report below and in other reports linked herein, are relative to product mix and where new home shipments are going.
5. Instead of launching a new national image and education campaign, MHI’s Big Three Producers, led by Clayton Homes (BRK), Skyline Champion (SKY), and Cavco Industries (CVCO) launched what turned out to be a problematic, challenge-plagued (some might say, disastrous) campaign for what they initially called a new class of manufactured homes. That new class was later rebranded as CrossMod ® homes. CrossMods data has been scant, which suggests that their sales are poor. So poor, that some estimates put it at perhaps less than 100 (+/-) total homes since the program launched. To put that in perspective, even at historically depressed production levels, that means that while the industry produced some 600,000 units nationally, the Clayton-backed MHI branded campaign has produced only a tiny fraction of sales from the total U.S. production since the program launched. More facts and insights in the deep dive linked below. Note that while every report covers some new ground, the one linked immediately below provides new insights from the modular world into their concerns about Clayton and CrossMods.
6. MHI appears to be missing a golden opportunity to shine a light on how the lack of HUD Code manufactured home contributes to the sharp increase in homelessness during the Biden era.
7. MHI also appears to be missing in action when it comes to connecting the dots for the home buying public between the sharp rise in interest rates and the odd fall in manufactured home production as conventional housing affordability erodes. As the report below explains, historically, rising interest rates used to cause manufactured housing’s market share of new single-family housing starts to grow. That is no longer the case in the 21st century version of “MHI 2.0.”
8. Accurate facts, news, and analysis on manufactured housing apparently suppressed by MHI and MHI linked bloggers. There are a seemingly non-stop set of possible examples of how MHI linked publishers put forth information that is often readily disproven as mere hype, misleading, deceptive, or otherwise untrue. Nor do those sources want to publicly defend their efforts by answering questions about their problematic reports. Some timely examples are explored in reports linked below. While MHI-linked ‘educators’ and ‘publishers’ peddle their meetings, training and wares, new HUD Code manufactured home production is in decline. That is arguably prima facie evidence that their marketing and methods are little more than an illusion. This isn’t rocket science. It sales are growing, someone may be doing a good job. But if new home sales are in decline, than how can the educators, trainers, and marketers claim to be selling anything more than snake oil from the days of the Old West? And there is no doubt that new home sales are in decline, as the report linked here and facts shown herein above prove.
9. There are some at MHI that may be decent or even good people. Some may be in or at MHI for reasons that they feel they have little control over. That said, there are some at MHI that are problematic – or worse – at a level that many can’t easily relate to, which is why MHProNews brings the evidence. That evidence routinely uses MHI’s own words, and not taken out of context either. See the most recent example linked below.
10. MHI is arguably not mere garden-variety incompetence, lack of sincere motivation, or ordinary failures. See the above and those reports linked below to learn more. ##
Part V – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.
This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.
The macro market move graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.
In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.
Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.
Headlines from left-of-center CNN Business – from the morning of 12.22.2023
- Pornhub’s parent company admits it profited from sex trafficking
- WMG Owner Len Blavatnik attends the Warner Music Pre-Grammy Party at the NoMad Hotel on February 7, 2019 in Los Angeles, California.
- Billionaire megadonor suspends donations to Harvard
- Director of the National Economic Council Lael Brainard speaks at the Semafor World Economic Summit on April 12, 2023, in Washington, DC.
- Chief White House economic adviser says pace of US inflation is on target — for now
- Washington Post staff walk a picket line at the start of a 24-hour strike amid prolonged contract talks outside The Washington Post building in Washington, U.S., December 7, 2023.
- Washington Post union reaches tentative agreement with management after 18 months of negotiations
- The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on December 21, 2023.
- Shipping costs are rising after Red Sea attacks force vessels to take longer routes
- People walk past advertised Black Friday discount signs at the Macy’s retail store inside the Queens Center Mall, New York, NY, November 24, 2023.
- Prices fell last month for the first time since April 2020
- A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023.
- New home sales plunged in November
- A woman walks into a Nike store in a shopping mall in Moscow, Russia, on May 30.
- Nike says it will cut $2 billion in costs in a major warning for consumers
- A monitor displays a news conference with Federal Reserve chairman Jerome Powell as traders work on the floor at the New York Stock Exchange in New York, Wednesday, June 14, 2023. The Federal Reserve kept its key interest rate unchanged after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled that it may raise rates twice more this year, beginning as soon as next month.
- The highs (and lows) of the year in markets: The wild 2023 that was
- Shoppers pass a window display in a clothing store on Regents Street in London, UK, on Monday, Dec. 18, 2023. The Office for National Statistics are due to release the latest UK retail sales figures on Friday.
- The UK edges closer to recession as new data shows economy shrinking
- Prominent Chinese business analysts are starting to disappear from social media
- New draft rules targeting in-game spending wipe billions from China’s tech giants
- The risks and rewards of a Warner Bros. Discovery and Paramount merger
- Wayfair CEO: Employees need to work longer hours
- Tensions boil inside The Washington Post amid union standoff, questions over new CEO
- Human rights group accuses Meta of restricting pro-Palestine speech
- Whole Foods did not break the law by banning Black Lives Matter apparel, judge rules
- US Commerce Secretary says US Steel sale to Japanese rival may face government scrutiny
- Ralphs Grocery sued by California for allegedly revoking job offers from ex-convicts
- Why Harvard continues to back President Claudine Gay during her plagiarism controversy
- Hundreds of images of child sexual abuse found in dataset used to train AI image-generating tools
- Mortgage rates in America dropped to their lowest level since June
- Harvard President Claudine Gay requests new corrections as House panel launches plagiarism probe