HUD Code Manufactured Home Production Increases Again in March 2020
Washington, D.C., May 4, 2020 – 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 grew in March 2020. Just-released statistics indicate that HUD Code manufacturers produced 8,338 homes in March 2020, a 9.8% increase over the 7,590 new HUD Code homes produced during March 2019. Cumulative 2020 production now stands at 25,311 homes as compared with 22,359 homes produced over the same period in 2019, an increase of 13.2%.
With the March 2020 statistics, the industry has now reached seven consecutive months of production growth, dating back to September 2019. While this increase represents positive news for both the industry and consumers of affordable housing, expectations going forward must be tempered by the potential market impacts of the COVID-19 pandemic and related closure orders. Meanwhile MHARR will continue to provide the industry and consumers with accurate and factual information regarding production and shipment information for federally-regulated manufactured homes.
A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through March 2020 — with cumulative, monthly, current year (2020) and prior year (2019) shipments per category as indicated — are:
The March 2020 production data does not result in any changes to the cumulative top-ten list.
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.
Washington, D.C., May 4, 2020 – 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 grew in March 2020. Just-released statistics indicate that HUD Code manufacturers produced 8,338 homes in March 2020, a 9.8% increase over the 7,590 new HUD Code homes produced during March 2019. Cumulative 2020 production now stands at 25,311 homes as compared with 22,359 homes produced over the same period in 2019, an increase of 13.2%.
With the March 2020 statistics, the industry has now reached seven consecutive months of production growth, dating back to September 2019. While this increase represents positive news for both the industry and consumers of affordable housing, expectations going forward must be tempered by the potential market impacts of the COVID-19 pandemic and related closure orders. Meanwhile MHARR will continue to provide the industry and consumers with accurate and factual information regarding production and shipment information for federally-regulated manufactured homes.
A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through March 2020 — with cumulative, monthly, current year (2020) and prior year (2019) shipments per category as indicated — are:
The March 2020 production data does not result in any changes to the cumulative top-ten list.
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.
