Titles for new homes sold in April were pulled down from March by a decline in single-section home sales. Multi-section home sales were higher than the previous month and came in above single-section home sales as they have for every month in 2019 except March.
In comparison to 2018, April was up on account of an 18.2% increase in multi-section home sales.
|Total for April:||633||675||1,308|
|Change from March:||-6.1%||4.5%||-0.9%|
|Change from April of 2018:||-3.5%||18.2%||6.6%|
Harris was again the top county in the state for new home installations and although new home sales in Ector County expanded, Montgomery County came in with one more new home installation as of report runtime.
|Top Five Counties for New Installs this Month||Total||Change (MoM%)|
Titles for used homes were way up, but 201 of those were due to a transfer of a community’s homes in Huffman, Texas.
|Total for April:||279||198||477|
|Change from March:||-3.8%||92.2%||21.4%|
|Change from April of 2018:||22.4%||127.6%||51.4%|
Year-over-year growth for 2019 continues to decelerate, and single-section homes are now running below 2018 levels.
|Total for 2019 through April:||2,311||2,454||4,765|
|Change from 2018 (%):||-0.9%||15.9%||7.1%|
|Change from 2018 (Units):||-20||337||317|
Harris passed Ector County for the top spot in the state for new home installations on the year, and the rest of the top five was unchanged from last month.
|Top Five Counties for New Installs this Year||Total||Change (YoY%)|
Used sales are now showing gains in multi-section homes, but an overall decline with less single-section home sales than a year ago.
|Total for 2019 through April:||978||475||1,453|
|Change from 2018 (%):||-12.1%||10%||-5.9%|
|Change from 2018 (Units):||-134||43||-91|
May Preliminary Data
The early data for May are showing declines from both April and May of 2018 (last year’s peak) for new home sales.
The summer of 2018 saw new home sales remain elevated through August, so we’ll see how 2019 fares in comparison.
|Total for May:||521||515||1,036|
|Change from April:||-8.6%||-10.7%||-9.7%|
|Change from May of 2018:||-16.8%||-5%||-11.3%|
|Total for May:||146||56||202|
|Change from April:||-24%||-34.1%||-27.1%|
|Change from May of 2018:||0%||-28.2%||-9.8%|
|New sales increased:||+39||+41||+80|
|Used sales increased:||+23||+9||+32|
TMHA’s Market Research Reports and Tools
- Total Retail Sales Market (25-month)
- Average Sales Price of New Homes in the South (25-month)
- New Home Retail Sales by Installation County Interactive (2012-2019 YTD)
- Retail Sales by Installation County (2012-2019 YTD)
- Annual Manufacturer Retail Sales (2012-2019 YTD)
- Monthly Manufacturer Retail Sales Totals (2012-2019 YTD)
- Manufacturer New Home Totals per Retailer (2012-2019 YTD)
- Annual New Home Retail Sales by Manufacturer Model (2012-2019 YTD)
- Annual Manufacturer Shipments Report (2014-2019 YTD)