Producer Price Index for Manufactured Homes
The producer price data for manufactured housing continued to move sideways in October coming in +0.02% above the previous month. Wholesale prices have been basically flat since April of 2024, and are now 1.6% above October 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 also had prices received for finished homes unchanged in October, although price expectations flipped and are expected to increase over the next six months for roughly 65% of the 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 $153,100 (+/- $8,600) for multi-sections and $83,300 (+/- $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.