In the forecasted period from 2024 to 2028, manufactured home sales are expected to increase gradually from 4.2564 billion to 4.283 billion USD. This demonstrates a steady albeit modest growth trend in the industry. The data indicates a year-on-year increase of approximately 0.16% on average. As of 2023, the market stood at slightly below 4.2564 billion USD. The compound annual growth rate (CAGR) from 2024 to 2028 reflects consistent albeit small increases in sales value, indicating industry stability.
Future trends to watch for include:
- The impact of regulatory changes on manufactured home sales.
- Technological advancements and innovations that could reduce production costs.
- Shifts in consumer preferences towards more sustainable housing options.
- Economic factors such as interest rates and housing market dynamics that could influence affordability and demand.
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