Manufactured Home Builders Stock Index (MHBI) July 2026 - Performance Analysis

Rob Ripperda
August 06, 2026
Market Data

The Manufactured Home Builders Index (MHBI) finished July down -9.7%, following the broader ITB residential construction index that also finished down -9.7%. Homebuilders sold off while the S&P 500 closed flat.

Earnings announcements began on the last day of the month for one manufactured home producer with the remaining announcements scheduled for the first week of August.

The MHBI is now down -4.6% on the year, the ITB is down -1.7%, and the S&P 500 is up +10.1%.

Percent change from start of period

Manufactured Home Builders Stock Index (MHBI)

The Manufactured Home Builders Stock Index (MHBI) is a capitalization-weighted index developed by TMHA that includes publicly traded companies whose primary line of business is the construction and sale of manufactured housing.

iShares U.S. Home Construction ETF (ITB)

The iShares U.S. Home Construction ETF (ITB) is included for comparison sake to show how the Manufactured Home Builders Stock Index is doing relative to a broad index of the overall residential construction sector. The ITB index includes some of the same manufactured home companies as the MHBI, but the weights within each are very different.

SPDR S&P 500 ETF Trust (SPY)

The SPDR S&P 500 ETF Trust (SPY) is included as a market benchmark to see how manufactured home builders are doing in comparison to the broader US equity market.