The Texas Manufactured Housing Association tells MHProNews titles for both new and used manufactured homes fell in April from the previous month as well as from April 2014. For May, preliminary results indicate both shipments and processed titles have slipped for the month. However, with most of the state receiving eight plus inches of rain in May, it is hoped June will show a strong rebound. Final numbers for May will not be available until 75 days out to allow for final submissions.

April

Total Market:

• Total titles change from previous month: -7.95%*
• Total titles change from same month last year: -6.30%*
• Total titles YTD change from same date last year: +2.55%*

New Market:

• New titles change from previous month: -8.83%*
• New titles change from same month last year: -7.32%*
• New titles YTD change from same date last year: +2.97%*
• Shipments for the month change from previous month: +2.02%†
• Shipments for the month change from same month last year: +3.70%†
• Shipments for 2015 thru this month change from same date last year: +2.40%†

Used Market:

• Used titles change from previous month: -4.51%*
• Used titles change from same month last year: -2.31%*
• Used titles YTD change from same date last year: +1.10%*

May

Shipments:

• Shipments for the month change from previous month: -11.03%†
• Shipments for the month change from same month last year: -5.72%†
• Shipments for 2015 thru this month change from same date last year: +0.75%†

Preliminary Title Trends:

• Total titles change from same month last year: -16.65%*
• New titles change from same month last year: -15.74%*
• Used titles change from same month last year: -20.10%* ##

(Image credit: Texas Manufactured Housing Association)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.