Producer Price Index for Manufactured Homes

Prices received by producers of manufactured housing moved down -1.0% in October over the previous month, and that was after the previous four months were all revised down. The October decline marks the third straight month of national declines in wholesale manufactured home prices. PPI data for the last four months is subject to revision by the Bureau of Labor Statistics.

The year-over-year change continues to move lower for the eighth straight month with October coming in at +11.9% over 2021. That’s the lowest year-over-year gain since January of 2021.

The decrease in the price index was consistent with the Texas Manufactured Housing Survey (TMHS) results for October which had prices received lower for most participating manufacturers for the fourth straight month in a row. Expectations continue to indicate further wholesale price declines ahead.

A regression model on the price index puts the forecasted average sales price for new homes in the south census region at approximately $158,500 (+/- $8,800) for multi-sections and $86,400 (+/- $5,500) 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)

Producer Price Index (PPI) Data

The index tracks the change over time of selling prices received by participating producers, with the index value of 100 representing the prices received in June of 1981.

*The PPI is not a perfect predictor for the Census’ Manufactured Housing Survey average price results, but it does account for over 90% of the variability when used in a regression model as the explanatory variable.