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


The Manufactured Home Builders Index (MHBI) finished June up +16.7%, while the broader ITB residential construction index finished up +12.5%. Homebuilders led the market higher even as the S&P 500 slipped to close down -1%. After a soft opening session, the MHBI climbed steadily through the month and accelerated into late June, finishing well ahead of both benchmarks.

The MHBI is now up +5.5% on the year, the ITB is up +8.9%, 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.