September 2016 Reports and October Preliminary Data

New single-section home sales were down in September from August and from September of 2015. New multi-section sales declined in September over August as well but were up over September of last year enough to push total new sales in positive territory for the month year-over-year.

Montgomery County continued its strong 2016 having the most retail home installations for the month of September and was followed up by Travis and Tarrant counties which both had very strong month-over-month gains. Bexar County and Harris county rounded out the top five but had fewer new home installations in September than they had the previous month.

The coin flip that is October home sales looks to be coming up tails as the preliminary data is tracking down from September and down from October of 2015.

This is the last retail sales title report for the calendar year so I hope you and your families all have a great holiday and a happy new year!

September

New TitlesSinglesMultisTotal
Total for September: 465 458 923
Change from August: -17.26% -9.49% -13.58%
Change from September of 2015: -3.93% 8.27% 1.76%
Total for 2016 through September: 4,846 4,605 9,451
Change from 2015 (%): 6.37% 11.1% 8.62%
Change from 2015 (Units): 290 460 750
Top Five Counties for New Installs this MonthTotalChange (MoM%)
Montgomery 48 17.07%
Travis 35 40%
Tarrant 33 50%
Bexar 29 -17.14%
Harris 28 -45.1%
Used TitlesSinglesMultisTotal
Total for September: 146 95 241
Change from August: -22.75% 1.06% -14.84%
Change from September of 2015: 10.61% 1.06% 6.64%
Total for 2016 through September: 1,960 1,114 3,074
Change from 2015 (%): 9.93% -5.59% 3.75%
Change from 2015 (Units): 177 -66 111

October

New TitlesSinglesMultisTotal
Total for October: 356 332 688
Change from September: -5.57% -4.6% -5.1%
Change from October 2015: -6.07% -5.95% -6.01%
Used TitlesSinglesMultisTotal
Total for October: 83 51 134
Change from September: -23.15% -13.56% -19.76%
Change from October 2015: -1.19% -8.93% -4.29%

August

RevisionsSinglesMultisTotal
New titles increased: +16 +35 +51
Used titles increased: +17 +18 +35

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.