April 2015 Reports and May Preliminary Data

Titles for both new and used homes slipped in April compared to the preceding month and from the previous April of 2014. Titles are still up for the year however for both total and new titles and a strong upward revision in used titles has pushed them just slightly above 2014 as well.

Looking forward to May, both shipments and processed titles to date are down for the month. With the majority of the state getting close to 8+ inches of rain above the norm, we're hoping that bad weather was the culprit and that June shipments will signal a rebound. Even with the slow down shipments for the year through May are right about where we were in 2014.

April

Total Market:

  • Total titles change from previous month: -7.95%*
  • Total titles change from same month last year: -6.30%*
  • Total titles YTD change from same date last year: +2.55%*

New Market:

  • New titles change from previous month: -8.83%*
  • New titles change from same month last year: -7.32%*
  • New titles YTD change from same date last year: +2.97%*
  • Shipments for the month change from previous month: +2.02%
  • Shipments for the month change from same month last year: +3.70%
  • Shipments for 2015 thru this month change from same date last year: +2.40%

Used Market:

  • Used titles change from previous month: -4.51%*
  • Used titles change from same month last year: -2.31%*
  • Used titles YTD change from same date last year: +1.10%*

May

Shipments:

  • Shipments for the month change from previous month: -11.03%
  • Shipments for the month change from same month last year: -5.72%
  • Shipments for 2015 thru this month change from same date last year: +0.75%

Preliminary Title Trends:

  • Total titles change from same month last year: -16.65%*
  • New titles change from same month last year: -15.74%*
  • Used titles change from same month last year: -20.10%*

March

Last Month's Revisions:

  • New titles increased +37 units to 1079
  • Used titles increased +52 units to 318

TMHA's Reports

Total Market

Retailer

Manufacturer

Lender

* Note: These calculations are based on titles processed by TDHCA that were submitted on time. Late submissions will impact these figures going forward.

† Note: Shipment data is compiled from TDHCA's Texas Manufacturer's Report and their Out of State Maunfacturer's Report.