Washington, D.C., September 10, 2018 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production growth continued in July 2018.
“Just-released statistics indicate that HUD Code manufacturers produced 6,781 homes in July 2018, a 16.8% increase over the 5,803 HUD Code homes produced during July 2017.” Said MHARR to the Daily Business News on MHProNews.
Cumulative manufactured home industry production for 2018 now totals 57,531 homes, a 10% increase over the 52,305 HUD Code homes produced over the same period in 2017.
If that pace continued, which is an average of 8218.71 for the first 7 months of 2018, that would mean that at an annualized rate, the industry would finish at 98624.52, which would still be under 100,000 homes.
“A further analysis of the official industry statistics,” said MHARR, “shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through July 2018 — with cumulative, monthly, current year (2018) and prior year (2017) shipments per category as indicated — are:”
The latest information for July 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. To learn more about MHARR, click here. See related reports, further below. “We Provide, You Decide.” © ## (News, analysis, and commentary.)
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Submitted 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.
Related Reports:
HUD Code Production Growth Continues In June 2018 %
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.
Manufactured Housing Production Report – After Slow June 2018, July 2018 Increases