This report forecasts to 2020 US housing starts and the housing stock in units, and average floor space per new and existing units in square feet. Each measure is segmented by housing type in terms of: single-unit conventional, multiple-unit conventional, and manufactured. In addition, housing starts and the housing stock, as well as existing home sales, are segmented by region as follows: South, Midwest, West, Northeast. Furthermore, spending on residential building construction in US dollars is forecasted to 2020 and is segmented by type as follows: single-unit, multiple-unit, and improvements.
To illustrate historical trends, housing starts, the housing stock, existing home sales, average floor space, residential building construction expenditures, the median price of new single-unit conventional homes, interest rates, and the various segments are provided in annual series from 2005 to 2015. A Market Environment section provides pertinent background on historical trends; key economic indicators; and trends in interest rates. A Segmentation and Forecasts section defines starts, stock, and regions; discusses market drivers and constraints; identifies substitute products when applicable; and assesses the impact of key drivers and constraints on each starts, stock, and region segment over the forecast period.
Further analysis includes an Industry Structure section, which surveys the supply base and profiles the leading firms competing in the US industry. A one-page, introductory Highlights section summarizes key findings from this 24-page report, and a Resources section lists contributing sources as well as resources available for further research.