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MANUFACTURED HOME SALES UP 25 PERCENT DURING APRIL

 MANUFACTURED HOME SALES UP 25 PERCENT DURING APRIL
 RALEIGH, N.C., June 10 /PRNewswire/ -- Both shipment and production


figures remained strong in April as North Carolina's manufactured housing industry continued its strong rebound from recession.
 North Carolina continued to lead the nation in shipments and was number two in production. April shipments for North Carolina totaled 1,705, an increase of 25.4 percent over the same month a year ago. For the year, shipments total 6,066. (The term "shipments" refers to homes actually shipped from a factory to a retail sales center. This figure equates closely to actual retail sales.)
 North Carolina's manufactured housing plants produced 2,049 homes in April, up 30.4 percent from a year ago. For the year, production is 7,552, an increase of 33.8 percent. Only Georgia, with 7,986 homes, is ahead of North Carolina in production.
 Nationally, shipments were up 16.5 percent, or 2,523 homes, in April, the fifth consecutive month of shipment increases. Year-to-date shipment figures nationally were up 20.8 percent or 10,481 homes.
 According to preliminary figures from the U.S. Census Bureau, manufactured home shipments represented 14 percent of privately-owned housing units started and 25.9 percent of single-family homes sold in April.
 The encouraging news for the manufactured housing industry comes at a time when on-site builders are reporting a downturn. After posting strong gains in January and February, sales of new site-built single- family homes bottomed out in March and remained virtually unchanged in April. The pace of new site-built homes was up 1.3 percent nationally in April. In the south, that figure was down 8.1 percent.
 "We obviously are pleased that, in the midst of a striking decline in housing starts, manufactured home shipments continue their dramatic five-month comeback," said Barbara Norcom, president of the North Carolina Manufactured Housing Institute. "This significant five consecutive month increase is further proof that the manufactured housing industry is gaining wider recognition and acceptance as a viable housing option."
 -0- 6/10/92
 EDITOR'S NOTE: Shipment and production figures are compiled by the National Conference of States on Building Codes & Standards, Inc. Statistics relating to site-built housing are from the National Association of Home Builders.
 /CONTACT: Joe Goodpasture, Goodpasture Communications, Inc. for the North Carolina Manufactured Housing Institute, 704-372-0367/ CO: North Carolina Manufactured Housing Institute ST: North Carolina IN: CST SU:


JZ -- CH004 -- 8981 06/10/92 17:00 EDT
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Date:Jun 10, 1992
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