Manufactured Home Producer Price Index September 2025 - Wholesale Pricing Trends
Rob Ripperda
Manufactured Home (PPI)
The Producer Price Index (PPI) for manufactured housing for September was mostly unchanged, moving up +0.1% over the previous month with no revisions from the August release.
Wholesale prices nationally were up +1.1% above September of 2024, but remain below the 2022 peak in prices.
This 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)
Inputs to Residential Construction Goods (PPI)
On the costs of materials to manufacturers the PPI for input goods to residential construction moved up slightly by +0.1% in September over the previous month, but was up +3.5% over 2024.
Materials prices for residential construction hit a new all-time high in September. We’ll see what happens for the remainder of 2025, as lumber futures have declined to their lowest prices on the year at present, but additional tarrifs were announced in October on Canadian imports.
This chart is built from the U.S. Bureau of Labor Statistics Producer Price Index by Commodity: Inputs to residential construction, goods, not seasonally adjusted (WPUIP2311001)
Prices Received for Finished Manufactured Homes (TMHS)
The regional Texas Manufactured Housing Survey (TMHS) results had prices received for finished homes moving higher in September as well, but it has since flipped to indicate that invoice pricing has stopped increasing over the next two months.
Average Retail Selling Prices with TMHA Forecasts (MHS)
Using the MH PPI in a regression model to predict average selling prices in the South Census region puts the average sales price in September at $154,000 (+/- $8,800) for multi-section homes and $84,900 (+/- $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.