Producer Price Index for Manufactured Homes

The previous two months of producer price data for manufactured housing were revised up significantly which gave the preliminary release for June a -0.1% decline from the previous month despite the value coming in higher than the initial May value did last month. The Bureau of Labor Statistics subjects the preceding four months of PPI data to potential revision.

Wholesale prices remain below where they were a year ago with June’s value down -0.2% below June of 2023. The index started to move lower in August of 2023, so we will see if prices start to rise on a year-over-year basis over the next few months.

The regional Texas Manufactured Housing Survey (TMHS) results had prices received for finished homes moving higher for a small portion of the sample, but expectations of further increases continued to moderate.

A regression model on the price index puts the forecasted average sales price for new homes in the south census region at approximately $154,000 (+/- $8,500) for multi-sections and $83,600 (+/- $6,000) for single-section homes*.

This interactive chart is built from the U.S. Bureau of Labor Statistics Producer Price Index by Industry: Manufactured Home, Mobile Home, Manufacturing: Manufactured Homes (Mobile Homes), All Width Sizes (Including Multisection) (PCU3219913219911)