Producer Price Index for Manufactured Homes
The producer price data for manufactured housing continued to move sideways in December coming in +0.02% above the previous month. The previous two months were revised down slightly with this month’s release. Wholesale prices have been flat since April of 2024, and were +1.6% above December of 2023.
This interactive chart is built from the U.S. Bureau of Labor Statistics Producer Price Index by Industry: Manufactured home, mobile home, manufacturing, not seasonally adjusted (PCU321991321991)
Producer Price Index (PPI) Data
The index tracks the change over time of selling prices received by participating producers, with the index value of 100 representing the prices received in June of 1981.
TMHS: Prices Received for Finished Homes
The regional Texas Manufactured Housing Survey (TMHS) results had prices received for finished homes moving higher in December for roughly three-quarters of the weighted sample, and further increases were expected by most of market.
Average Retail Selling Price Forecasts
A regression model on the price index puts the forecasted average sales price for new homes in the south census region at approximately $153,300 (+/- $8,600) for multi-sections and $83,600 (+/- $6,200) for single-section homes*.
*The PPI is not a perfect predictor for the Census’ Manufactured Housing Survey average price results, but it does account for over 90% of the variability when used in a regression model as the explanatory variable.