IBIS Sings a Brighter Tune for MH

In an apparent about-face from its statement a year ago that the manufactured housing industry is near death, IBISWorld now says, according to timesunion, while sales of MH are relatively weak compared to 1998, “improved income levels are expected to generate higher sales of manufactured homes in the five years to 2017.” Industry research firm IBISWorld has now added Manufactured Home Wholesaling as a category to its collection of reports. This category documents sales of prefabricated homes and components to dealers and land developers which then sell directly to the consumer, according to the article. While noting MH industry revenues are declining 4.8 percent a year from 2007 to 2012, IBISWorld‘s website says: “Moving up: Improved economic and lending conditions will support growth.” MHProNews.com knows sales of manufactured homes have increased monthly for the last ten months, and are up 25 percent this year over 2011. For their report, please click here.

(Photo credit: Wikipedia)

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