Producer Price Index for Manufactured Homes

Tags: News

Prices received by producers of manufactured housing rose +0.5% in April over the previous month, marking the largest sequential increase in the Producer Price Index for Manufactured Home Builders since June of 2022. There were no revisions to the previous data. 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 April’s value down -0.7% below April of 2023, but the year-over-year spread continues to tighten.

The regional Texas Manufactured Housing Survey (TMHS) results had prices received for finished homes moving higher in April, and expectations of further increases remain wide.

The PPI for Inputs to Residential Construction moved up +0.4% in April and are up +2.6% year-over-year.

A regression model on the price index puts the forecasted average sales price for new homes in the south census region at approximately $152,400 (+/- $8,500) for multi-sections and $83,000 (+/- $5,900) 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.