- The manufactured housing market had a very strong 2018, with occupancy rising across all regions of the country and rents posting healthy gains. Supply growth is accelerating, but the uptick in demand is outpacing the delivery of new inventory.
- Occupancy in manufactured housing communities rose 110 basis points from 2017 to 2018, ending the year at 92.7 percent. This was the seventh straight year of occupancy improvement in the sector.
- Rents have been pushing higher since 2002, a trend that continued in 2018 with a 3.9 percent increase nationally. Annual gains were strongest in the West region in 2018.
- Investor demand for manufactured housing was robust in 2018, with transaction activity spiking by nearly 20 percent, the median price pushing higher, and cap rates compressing.