February 2016 Reports and March Preliminary Data

Retailers turned in a strong February and were up across the board for new titles over last month and February of last year for both single and multi-section homes. The preliminary data for March looks good as well with a slight decrease in single-section titles, but strong growth in multi-section homes over March of 2015. This trend was mostly matched by March shipments that had a larger dip in single-section homes but put in a solid 11.69% increase over multi-section shipments in March of 2015.

Looking at new installations per county, Harris while retaining it’s position at the top is down -11.92% YTD from this time last year. Ector which finished out 2015 with the fourth highest total has slid down to sixth with a -30.25% decrease over this time last year. Johnson County which was out of the top 10 for 2015 has moved up to seventh with an amazing +70.27% increase in new home installations YTD over 2015. Other big movers in the top ten include Bexar (+55.06%), Brazoria (+113.95%) and Hays which moved from 21st in 2014 to 10th in 2015, but is currently a whopping +307.14% up over last years tremendous pace.

February

New TitlesSinglesMultisTotal
Change from January: 43.7%* 32.83%* 38.72%*
Change from February of 2015: 32.78%* 25.21%* 29.35%*
January through February 2016 change from 2015 (%): 10.51%* 4.44%* 7.71%*
January through February 2016 change from 2015 (Units): 91* 33* 124*
ShipmentsSinglesMultisTotal
Change from January: -10.84%† 4.2%† -3.54%†
Change from February of 2015: -17.12%† 12.62%† -3.8%†
January through February 2016 change from 2015 (%): -18.41%† 19.81%† -2.76%†
January through February 2016 change from 2015 (Units): -248† 185† -63†
Used TitlesSinglesMultisTotal
Change from January: 78.57%* 17.11%* 53.72%*
Change from February of 2015: 56.25%* -6.32%* 29.6%*
January through February 2016 change from 2015: 40.85%* -13.71%* 15.97%*
Total TitlesSinglesMultisTotal
Change from January: 51.5%* 29.88%* 41.83%*
Change from February of 2015: 38.25%* 18.47%* 29.41%*
January through February 2016 change from 2015: 16.98%* 0.64%* 9.46%*

March

ShipmentsSinglesMultisTotal
Change from February: 23.17%† 5.43%† 13.87%†
Change from March of 2015: -8.33%† 11.69%† 0.4%†
January through March 2016 change from 2015 (%): -14.98%† 16.84%† -1.65%†
January through March 2016 change from 2015 (Units): -306† 248† -58†
TitlesSinglesMultisTotal
New change from March 2015: -2.86% 28.72% 10.46%
Used change from March 2015: 43.09% 44.29% 43.52%
Total change from March 2015: 5.86 5.86 16.26

January

RevisionsSinglesMultisTotal
New titles increased: +9 +10 +19
Used titles increased: +19 +5 +24

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.