The PPI for manufactured homes moved down for the first time in 2021, but is still up 29.6% from where it was 12 months ago.
A regression model on the price index puts the average sales price for new homes in the south census region in August at approximately $141,400 (+/- $9,300) for multi-sections and $74,600 (+/- $5,600) 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 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 80% of the variability when used in a regression model.