Texas Manufactured Housing Titles in November 2018

November

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.

New TitlesSinglesMultisTotal
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 MonthTotalChange (MoM%)
Ector 53 17.8%
Harris 52 13%
Midland 42 7.7%
Bexar 37 48%
Liberty 30 11.1%

Used titles were down -23.5% from October and -13% from last November.

Used TitlesSinglesMultisTotal
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%

Annual Totals

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.

New TitlesSinglesMultisTotal
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 YearTotalChange (YoY%)
Harris 604 2.7%
Montgomery 517 11.9%
Ector 510 74.7%
Midland 506 138.7%
Liberty 423 11.6%

Used titles are up 10% on the year over 2017, with single-sections driving the growth.

Used TitlesSinglesMultisTotal
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%.

New TitlesSinglesMultisTotal
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%

Used TitlesSinglesMultisTotal
Total for December: 138 76 214
Change from November: 19% 4.1% 13.2%
Change from December of 2017: 62.4% 0% 32.9%

October Revisions

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.

RevisionsSinglesMultisTotal
New titles increased: +57 +94 +151
Used titles increased: +25 +17 +42

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* Note: These calculations are based on titles processed by TDHCA that were submitted on time. Late submissions will impact these figures going forward.