October 2018 Reports and November Preliminary Data
New titles in October moved up 6.9% from September to a total of 1,027 homes. Single-sections and multi-section homes both made gains over the previous month of 6.6% and 7.2% respectively. New titles were also up for both unit types compared to October of 2017 at this time a year ago with the total market for the month up 1% over 2017.
Over the next few months we’ll be watching the revised total for October, with the Thanksgiving break hitting in November late titles can increase the month’s total considerably. For October of 2017 the new title total was revised up +237 units over the course of the next couple months.
October
| New Titles | Singles | Multis | Total |
|---|---|---|---|
| Total for October: | 553 | 474 | 1,027 |
| Change from September: | 6.55% | 7.24% | 6.87% |
| Change from October of 2017: | 0.73% | 1.28% | 0.98% |
| Total for 2018 through October: | 6,647 | 6,010 | 12,657 |
| Change from 2017 (%): | 16.88% | 20.34% | 18.5% |
| Change from 2017 (Units): | 960 | 1016 | 1,976 |
Harris County reclaimed the top spot for new home installations for October. The Permian Basin counties are down month-over-month which could be an indication of the market cooling as oil prices declined over the course of that month. A decline which continued on through the end of the year.
The Midland County decline is exaggerated by the large number of homes that had been installed there the previous month.
Liberty County was up 13% and bumped Bexar County out of the top five which saw a -16.7% decline in new home installs.
| Top Five Counties for New Installs this Month | Total | Change (MoM%) |
|---|---|---|
| Harris | 46 | 4.55% |
| Ector | 44 | -8.33% |
| Montgomery | 44 | 15.79% |
| Midland | 38 | -48.65% |
| Liberty | 26 | 13.04% |
Used titles were up from September and October of 2018 on the strength of single-section home sales.
| Used Titles | Singles | Multis | Total |
|---|---|---|---|
| Total for October: | 224 | 74 | 298 |
| Change from September: | 17.89% | -12.94% | 8.36% |
| Change from October of 2017: | 26.55% | -27.45% | 6.81% |
| Total for 2018 through October: | 2,785 | 1,104 | 3,889 |
| Change from 2017 (%): | 19.27% | -1.25% | 12.63% |
| Change from 2017 (Units): | 450 | -14 | 436 |
The preliminary data for November is showing declines from October and November of 2017.
November
| New Titles | Singles | Multis | Total |
|---|---|---|---|
| Total for November: | 398 | 338 | 736 |
| Change from October: | -11.16% | -6.89% | -9.25% |
| Change from November 2017: | 1.79% | -6.89% | -2.39% |
| Used Titles | Singles | Multis | Total |
|---|---|---|---|
| Total for November: | 102 | 66 | 168 |
| Change from October: | -48.74% | -1.49% | -36.84% |
| Change from November 2017: | 22.89% | 13.79% | 19.15% |
September
| Revisions | Singles | Multis | Total |
|---|---|---|---|
| New titles increased: | +40 | +33 | +73 |
| Used titles increased: | +15 | +6 | +21 |
TMHA’s Reports
Total Market
- Total Retail Sales Market (25-month)
- NEW: Average Sales Price of New Homes in the South (25-month)
- New Home Retail Titles by Installation County Interactive (2012-2018 YTD)
- Retail Titles by Installation County (2012-2018 YTD)
Retailer
- My Stats Dashboard (24-month)
- Annual Retailer Title Totals (2012-2018 YTD)
- Monthly Retailer Title Totals (2012-2018 YTD)
- Individual Retailer Titles by Installation County (2012-2018 YTD)
Manufacturer
- Annual Manufacturer Retail Titles (2012-2018 YTD)
- Monthly Manufacturer Retail Title Totals (2012-2018 YTD)
- Manufacturer New Home Totals per Retailer (2012-2018 YTD)
- Annual New Home Retail Titles by Manufacturer Model (2012-2018 YTD)
- Annual Manufacturer Shipments Report (2014-2018 YTD)
Communities
Lender
- Annual Lender Lien-Attached Retail Titles (2012-2018 YTD)
- Monthly Lender Lien-Attached Retail Titles (2012-2018 YTD)
* Note: These calculations are based on titles processed by TDHCA that were submitted on time. Late submissions will impact these figures going forward.