New home titles for August finished out strong coming in at 4.44% over August of 2014 and up 1.69% over last month. It was the second time this year that the multi-section total for the month came in above the single-section total, which never occurred in 2014. These large multi-section gains on the year have pushed total new titles up 1.94% over 2014 through August while titles for single-section homes are tracking down -2.38%.
Looking forward, September shipments were up across the board over August and while robust gains in multi-section sales haven’t completely offset the losses in single-section sales for the year, I had the pleasure of talking to a number of our manufacturing members at our first quarter board meeting last week and it sounds like backlogs are full and multiple plants are investing in additional capacity expansions. New titles for September processed to date are also showing a slight total gain over September of 2014, so we expect a strong close to Q3.
August
| Change from July: |
-4.65%* |
8.61%* |
1.69%* |
| Change from August of 2014: |
-5.6%* |
16.31%* |
4.44%* |
| January through August 2015 change from 2014: |
-2.38%* |
7.18%* |
1.94%* |
| Change from July: |
-21.42%† |
-3.48%† |
-13.61%† |
| Change from August of 2014: |
-18.73%† |
-7.45%† |
-13.61%† |
| January through August 2015 change from 2014: |
-6.99%† |
4.9%† |
-2.12%† |
| Change from July: |
-52.02%* |
-66.92%* |
-58.73%* |
| Change from August of 2014: |
12.41%* |
-20.18%* |
-2.03%* |
| January through August 2015 change from 2014: |
9.29%* |
8.91%* |
9.14%* |
| Change from July: |
-23.28%* |
-19.13%* |
-21.34%* |
| Change from August of 2014: |
-1.73%* |
8.83%* |
3.08%* |
| January through August 2015 change from 2014: |
0.67%* |
7.55%* |
3.68%* |
September
| Change from August: |
3.61%† |
26.91%† |
14.93%† |
| Change from September of 2014: |
-25.82%† |
34.3%† |
-2.36%† |
| January through September 2015 change from 2014: |
-9.12%† |
8.01%† |
-2.15%† |
| New change from September 2014: |
1.74% |
-1.16% |
0.4% |
| Used change from September 2014: |
-4.04% |
-16.05% |
-9.44% |
| Total change from September 2014: |
0.6% |
0.6% |
-1.51% |
July
| New titles increased: |
+14 |
+33 |
+47 |
| Used titles increased: |
+13 |
+14 |
+27 |
TMHA’s Reports
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 Manufacturer’s Report.
