New Home Shipments Continue to Soar

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New Home Shipments
New home shipments on the rise.

Year Over Year Home Shipments for May up 11.7 Percent

In May 2018, new manufactured home shipments increased 11.7 percent with 8,769 homes shipped. This is up from May 2017 when there were 7,848 homes shipped.

Total shipments for May 2018 are higher by 490 homes when compared to April 2018. Compared with May 2017, the trend is positive with shipments of single-section homes, up by 10.7 percent, and multi-section homes, up by 12.7 percent.

Total floors, which accounts for each section, shipped in May 2018 increased 11.9 percent to 13,598 compared to May 2017.

No Designated FEMA Units in May 2018 Numbers

Of the 8,769 homes shipped in May, there were no homes designated as FEMA units.

The seasonally adjusted annual rate (SAAR) of shipments was 95,522 in May 2018, down 1.2 percent from the adjusted rate of 96,729 in April 2018. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

In May, 133 plants representing 37 corporations reported production data to the Manufactured Housing Institute, which is one more of each than in April 2018.

— Shipment Data Courtesy of the Manufactured Housing Institute (MHI)

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