Texas Manufactured Home Shipments Market Analysis
December Shipments
Manufactured home shipments to Texas retailers in December moved down a seasonally-adjusted -3.1% from the previous month to land at 1,333 total homes, but were up +10.6% over December of 2023. The year-over-year gains continued to come from increased multi-section home shipments and while the rate of homes shipped per production day was slightly lower than last month, the rate remains higher than it was for the first three quarters of the year.
| Shipments | Singles | Multis | Total |
|---|---|---|---|
| Total for December: | 548 | 785 | 1,333 |
| Change from November (Raw %): | -14.2% | -10.8% | -12.2% |
| Change from November (Raw Units): | -91 | -95 | -186 |
| Change from November (SA %): | -4.9% | 4.1% | -3.1% |
| Change from December of 2023 (%): | -2.1% | 21.7% | 10.6% |
| Change from December of 2023 (Units): | -12 | 140 | 128 |
December Production
Texas manufactured housing plant production moved sideways in December with the seasonally-adjusted total up +0.2% from the previous month while the seasonally-adjusted floor total was down -0.5%. The 1,608 homes produced was a +10.4% increase over December of 2023 production.
| Texas Plant Production | Total | Shipped Out of TX | Min Floors |
|---|---|---|---|
| Total for December: | 1,608 | 423 | 2,288 |
| Change from November (Raw %): | -13% | -4.3% | -14% |
| Change from November (Raw Units): | -240 | -19 | -372 |
| Change from November (SA %): | 0.2% | NA | -0.5% |
| Change from December of 2023 (%): | 10.4% | 27.4% | 11.8% |
| Change from December of 2023 (Units): | 151 | 91 | 242 |
January Outlook
The forecasting models have January shipments at 1,636 (+/- 219) and Texas factory production at 2,037 (+/- 226) homes.
The Texas Manufactured Housing Survey (TMHS) for January showed a decrease in run rates for roughly 16% of the market.
View the Texas Manufactured Home Survey Results for January.
Annual Totals
The shipment total finished 2024 up +23.8% over 2023 and Texas plant production was up +18.6%.
The 18,180 homes shipped to Texas retailers was second only to the 2022 shipment total, while the 22,805 total homes produced by Texas manufacturers was third behind 2022 and 2021.
The forecast for annual Texas shipments in 2025 opens at 18,765 (+/- 3,934) and forecasted Texas plant production opens at 22,847 (+/- 4,389).
| Shipments | Singles | Multis | Total |
|---|---|---|---|
| Total for 2024 YTD: | 7,973 | 10,207 | 18,180 |
| Change from 2023 (%): | 15.3% | 31.4% | 23.8% |
| Change from 2023 (Units): | 1,055 | 2,440 | 3,495 |
| Texas Plant Production | Total | Shipped Out of TX | Min Floors |
|---|---|---|---|
| Total for 2024 YTD: | 22,805 | 5,858 | 32,162 |
| Change from 2023 (%): | 18.6% | 9.8% | 21.4% |
| Change from 2023 (Units): | 3,572 | 525 | 5,665 |
Charts
The November 2024 shipment total has pushed the 12-month moving average for shipments to it’s second highest cycle on record.