Manufactured Housing industry production is BOOMING
The Manufactured Housing Association for Regulatory Reform (MHARR) reports that manufactured housing industry production in 2021 has exceeded 100,000 homes annually for the first time since 2006. According to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production increased in December 2021, ensuring an annual production tally in excess of 100,000 homes.
Specifically, just-released statistics indicate that HUD Code manufacturers produced 8,014 homes in December 2021, a 5% increase over the 7,633 new HUD Code homes produced during December 2020. As a result, 2021 ends with a cumulative production total of 105,772 homes, a 12% increase over the 94,390 homes produced over the same period in 2020.