Wednesday, February 27, 2013

Prefabricated Housing is minimal, and shipments will generally track domestic demand. Manufactured housing shipments are expected to reach $4.6 billion in 2017

Demand for prefabricated housing through 2017 will benefit from an expected recovery in overall US housing demand from the subdued 2012 level. Prefabricated housing demand is forecast to expand 15 percent annually through 2017 to 135,000 units. The US prefabricated housing industry encompasses a number of shelter products -- manufactured, modular, precut, and panelized housing -- that reduce the need for on-site construction. While the rebound in overall housing demand will boost demand for all prefabricated housing, the trends will differ for manufactured housing and other prefabricated types. Manufactured housing’s market share is projected to drop from that of the 2007-2012 period as conventional mortgages become easier to obtain. Thus growth in manufactured housing demand will trail that of overall single-family housing demand. For other prefabricated housing, market shares will be little changed, and demand increases will be similar to that for single-family housing overall. 

1 comment:

  1. Your blog keeps getting better and better! Your older articles are not as good as newer ones you have a lot more creativity and originality now. Keep it up!

    Steel stockholders

    ReplyDelete