Manufactured Home Production, Shipments and Sales Growth Continues in June 2022 as Affordability Gap vs. Conventional Housing Widens

Manufactured housing continues to offer American consumers a path to quality affordable homeownership as manufactured home production and sales growth continue to advance, despite still existing multiple headwinds that include inflationary pressures, supply chain interruptions, and workforce issues.

Meanwhile, the conventional mainstream housing market has slowed dramatically, a result of high prices of existing and new construction, inventory limitations, and rising mortgage rates – when combined, will eliminate many would-be American homebuyers.

In contrast, the production and shipment of manufactured homes have continued to increase month over month for each of the first 6 months of 2022, remarkable considering last year’s (2021) shipments reached the highest totals in over 15 years.

The following official statistical shipment/production reports, courtesy of the Manufactured Housing Institute (MHI) and the Manufactured Association of Regulatory Reform (MHARR), clearly validate the continuing role of manufactured homes in addressing America’s deepening housing crisis. The first report is the Monthly Economic Report provided by MHI comparing manufactured home shipments through June 2022 with the previous month and year.

 11,372 NEW HUD CODE HOMES SHIPPED IN JUNE

(MHI) – In June 2022, 11,372 new manufactured homes were shipped, an increase of 915 homes or 8.8 percent compared to May 2022 and an increase of 1,938 homes or 20.5 percent compared to June 2021. Compared with the same month last year, shipments of single section and multi-section homes were both up, by 34.8 percent and 10.6 percent, respectively.  Total floors shipped in June 2022 were 17,581, an increase of 16.8 percent compared with the same month last year.

The seasonally adjusted annual (SAAR) of shipments was 128,584 in June 2022, up 1.9 percent compared to the adjusted rate of 126,207 in April 2022. The SAAR corrects for normal seasonal variations and project shipments are based on the current monthly total.

The number of plants reporting production in June 2022 was 143 and the number of active corporations was 35, two more plants and two more corporations than in the prior month.

       TOP 10 MANUFACTURED HOME SHIPMENT STATES

(MHARR) – An analysis of the official statistics shows that the top ten states from the beginning of the production rebound in August 2011 through June 2022 and the prior year (2021– are:

    State                     Cumulative        June 2022       2022         2021

                                      Homes  

1. Texas                    148,623             2,098         11,163       9,339     
2. Florida                   55,326                896           4,565       3,717
3. Louisiana              49,342                502           2,974       2,872
4. N.C,                        39,252                549           3,405       3,139
5. ALabama              38,932             1.085           4,345       2,574
6. Mississippi           31,096                325           2,189       2,288
7. Michigan              30,381                465           2,377       2,031
8. California             29,701                380           2,032       1,700
9. Kentucky              28,018                331          2,069        2,030
10. 10.Tennessee       24,823                378           2.051       1,755

NOTES:

The June data results in no changes to the cumulative top-ten list.

*The state of Alabama is second only to Texas in total shipments received in June 2022 and an increase of over 2,000 homes year-to-date compared to 2021

*The shipment data is for HUD Code manufactured homes and does not include a significant number of modular homes produced by manufactured home builders.