Home Builders in the US
While Home Builders industry revenue remains well below its prerecession high, the industry's projected growth is a welcomed change from the low levels of demand for homebuilding that were crippled by the housing crisis of the last decade. Although revenue for the industry began its turnaround just prior to the beginning of the period, the past five years to 2018 have marked the most considerable years of consecutive industry growth. Higher disposable incomes and improving economic activity during the five-year period have encouraged consumers to buy homes, benefiting industry demand. However, industry growth is expected to persist over the five years to 2023, albeit at a slower pace. Even as the Federal Reserve is anticipated to continue tightening monetary policy during the period, the next two years are projected to be relatively strong for the industry as still-favorable rates and higher corporate profit result in strong investment from property developers, the industry's primary downstream market.
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 companies acting as general contractors and builders.
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.
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