New titles were down for both single-section and multi-section titles compared to last month and to October of 2014. While the declines were fairly large, last October was a particularly good month for new homes and came in at the third highest monthly total for that year.
Similarly but on the flip side shipments for November came in well above November of 2014, but that just happened to be the lowest month for total shipments last year. That’s not to say the numbers aren’t good though, once again the high demand for multi-section homes has continued and on the year we have shipped 538 additional multi-section units over 2014. So while total shipments are down just slightly from a decline in single-sections, that large demand increase for multi-section units equates to over 405 additional floors shipped out of our factories on the year.
I’ve added year-to-date changes in units to the tables below for new titles and shipments to help present a clearer picture on what is happening in the market.
October
| Change from September: |
-9.16%* |
-2.55%* |
-6.07%* |
| Change from October of 2014: |
-13.06%* |
-13.02%* |
-13.04%* |
| January through October 2015 change from 2014 (%): |
-3.55%* |
5.18%* |
0.42%* |
| January through October 2015 change from 2014 (Units): |
-193* |
235* |
42* |
| Change from September: |
25.34%† |
-6.68%† |
8.15%† |
| Change from October of 2014: |
-12.9%† |
6.68%† |
-4.81%† |
| January through October 2015 change from 2014 (%): |
-9.53%† |
7.86%† |
-2.44%† |
| January through October 2015 change from 2014 (Units): |
-657† |
373† |
-284† |
| Change from September: |
-11.11%* |
-21.43%* |
-15.45%* |
| Change from October of 2014: |
-6.25%* |
-1.28%* |
-4.37%* |
| January through October 2015 change from 2014: |
5.86%* |
10.57%* |
7.7%* |
| Change from September: |
-9.58%* |
-6.04%* |
-7.96%* |
| Change from October of 2014: |
-11.7%* |
-11.39%* |
-11.55%* |
| January through October 2015 change from 2014: |
-1.1%* |
6.32%* |
2.16%* |
November
| Change from October: |
2.47%† |
-4.11%† |
-0.58%† |
| Change from November of 2014: |
-2.06%† |
44.47%† |
14.39%† |
| January through November 2015 change from 2014 (%): |
-8.86%† |
10.52%† |
-1.05%† |
| January through November 2015 change from 2014 (Units): |
-671† |
538† |
-133† |
| New change from November 2014: |
-18.88% |
4.71% |
-7.86% |
| Used change from November 2014: |
13.95% |
16.07% |
14.79% |
| Total change from November 2014: |
-12.24 |
-12.24 |
-3.73 |
September
| New titles increased: |
+12 |
+22 |
+34 |
| Used titles increased: |
+13 |
+17 |
+30 |
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.
