New titles for November were down -4.6% from October and down -3.7% from November of 2017. All section segments were down between the month-over-month comparisons except for the 1.1% increase in single-section homes for the month over 2017.
|Total for November:||533||480||1,013|
|Change from October:||-5.3%||-3.8%||-4.6%|
|Change from November of 2017:||1.1%||-8.6%||-3.7%|
Ector county led the state for new installations and the rest of the top five counties all had solid gains over October despite the overall state’s decline.
|Top Five Counties for New Installs this Month||Total||Change (MoM%)|
Used titles were down -23.5% from October and -13% from last November.
|Total for November:||149||86||235|
|Change from October:||-36.1%||16.2%||-23.5%|
|Change from November of 2017:||-14.4%||-10.4%||-13%|
Despite November’s decline, new titles for 2018 are still running 16.6% over 2017, and are just one unit shy of 14,000 total homes.
|Total for 2018 through November:||7,330||6,669||13,999|
|Change from 2017 (%):||15.6%||17.8%||16.6%|
|Change from 2017 (Units):||987||1,010||1,997|
I’ve added a table for the top five counties for new installations on the year, and you can see just how much the Permian counties are pushing annual gains.
|Top Five Counties for New Installs this Year||Total||Change (YoY%)|
Used titles are up 10% on the year over 2017, with single-sections driving the growth.
|Total for 2018 through November:||3,057||1,230||4,287|
|Change from 2017 (%):||16.5%||-3.5%||10%|
|Change from 2017 (Units):||434||-44||390|
December Preliminary Data
The preliminary data for December looks good with new titles tracking up 1.8% from November, and ahead of December 2017 by 12.5%.
|Total for December:||414||424||838|
|Change from November:||-6.3%||11.3%||1.8%|
|Change from December of 2017:||9.8%||15.2%||12.5%|
|Total for December:||138||76||214|
|Change from November:||19%||4.1%||13.2%|
|Change from December of 2017:||62.4%||0%||32.9%|
New titles for October were revised up by 151 homes to 1,165, which though a large increase is not enough to overtake the 1,289 homes that October of 2017 finally landed at.
Used titles moved up an additional 42 units.
|New titles increased:||+57||+94||+151|
|Used titles increased:||+25||+17||+42|
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 Titles by Installation County Interactive (2012-2018 YTD)
- Retail Titles by Installation County (2012-2018 YTD)
- Annual Manufacturer Retail Titles (2012-2018 YTD)
- Monthly Manufacturer Retail Title Totals (2012-2018 YTD)
- Manufacturer New Home Totals per Retailer (2012-2018 YTD)
- Annual New Home Retail Titles by Manufacturer Model (2012-2018 YTD)
- Annual Manufacturer Shipments Report (2014-2018 YTD)