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Thursday, Nov 21, 2024

Constraints On Manufactured Housing Impact Production Numbers

In August 2020, data from the US Department of Housing and Urban Development (HUD) showed a decline in production of HUD Code manufactured homes for the third year in a row. This year’s decrease is likely linked to COVID-19 health concerns and lockdowns. However, while other areas of the housing industry have shown a rebound, manufactured housing production faces challenges due to zoning restrictions and consumer financing constraints. Though September 2020 production reports did show an increase over those from September 2019, the cumulative production at the end of September 2020 is down 1% compared to the same period in 2019.

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