The Home Builders industry experienced a dramatic decline in revenue stemming from the subprime mortgage crisis, the bursting real estate bubble and the collapse of credit markets. Following the cyclical pattern of boom-and-bust that is traditional of economic cycles, improvements in the general economy will support industry growth. The industry will also benefit from improvements in housing demand, lending activity and real estate values over the five years to 2019.
Industry operators primarily construct single-family homes, where units are separated by ground-to-roof walls and have no units above or below. The industry also includes remodeling of houses and other residential buildings. Industry operators are general contractors, design-build companies and single-family construction management firms acting as general contractors and builders. The industry does not include speculative builders or contractors that build on their own account for sale.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.