Double-Digit 2023 Manufactured Home Production Slide Continues

Double-Digit 2023 Manufactured Home Production Slide Continues

DoubleDigitManufacturedHousingProductionSlideContinuesMHProNews

Washington, D.C., September 5, 2023 – 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), HUD Code manufactured housing industry year-over-year production declined again in July 2023. Just-released statistics indicate that HUD Code manufacturers produced 6,134 new homes in July 2023, a 23.8% decline from the 8,050 new HUD Code homes produced in July 2022. Cumulative production for 2023 is now 50,022 homes, a 28.2% decrease from the 69,709 homes produced over the same period during 2022.

A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current year (2023) and prior year (2022) shipments per category as indicated — are:

Double-Digit 2023 Manufactured Home Production Slide Continues-Screenshot 2023-09-05 155439

The statistics for July 2023 produce one change from last month, moving Kentucky into 10th place.

As the official statistics demonstrate, production is not improving to any significant degree and the industry will ultimately have to confront and make hard decisions, particularly within the post-production sector where the most significant problems (i.e., exclusionary zoning and a lack of fully-competitive consumer financing) continue to persist.

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.

Manufactured Housing Association for Regulatory Reform (MHARR)
1331 Pennsylvania Ave N.W., Suite 512
Washington D.C. 20004
Phone: 202/783-4087
Fax: 202/783-4075
Email: MHARR@MHARRPUBLICATIONS.COM
Website: www.manufacturedhousingassociation.org

 

Washington, D.C., September 5, 2023 – 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), HUD Code manufactured housing industry year-over-year production declined again in July 2023. Just-released statistics indicate that HUD Code manufacturers produced 6,134 new homes in July 2023, a 23.8% decline from the 8,050 new HUD Code homes produced in July 2022. Cumulative production for 2023 is now 50,022 homes, a 28.2% decrease from the 69,709 homes produced over the same period during 2022.

A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current year (2023) and prior year (2022) shipments per category as indicated — are:

Double-Digit 2023 Manufactured Home Production Slide Continues-Screenshot 2023-09-05 155439

The statistics for July 2023 produce one change from last month, moving Kentucky into 10th place.

As the official statistics demonstrate, production is not improving to any significant degree and the industry will ultimately have to confront and make hard decisions, particularly within the post-production sector where the most significant problems (i.e., exclusionary zoning and a lack of fully-competitive consumer financing) continue to persist.

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.

Manufactured Housing Association for Regulatory Reform (MHARR)
1331 Pennsylvania Ave N.W., Suite 512
Washington D.C. 20004
Phone: 202/783-4087
Fax: 202/783-4075
Email: MHARR@MHARRPUBLICATIONS.COM
Website: www.manufacturedhousingassociation.org

 

 

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