Home Builders in the US - Industry Market Research Report
Description
Home Builders in the US
Home builders construct single-family homes while also remodeling houses and other residential buildings. Low housing stock led to the development of new homes throughout the period. In 2020, amid the pandemic, inadequate housing and near-zero interest rates led to an uptick in construction, despite harsh economic conditions. Loans were easier to access, with mortgage rates reaching historic lows, allowing property developers to break ground on more residential projects. As the economy recovered, housing stock became fulfilled and interest rates rose again as the federal reserve continued to combat inflationary concerns. This led to a massive slowdown in construction at the period's end. Overall, industry revenue is set to increase at an annualized rate of 1.5% to $124.0 billion through 2023, including a 6.6% decline in 2023 alone.
Industry operators primarily construct single-family homes, in which units are separated by ground-to-roof walls with no other units above or below. The industry also encompasses the remodeling of houses and other residential buildings. Industry operators include 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.
Home builders construct single-family homes while also remodeling houses and other residential buildings. Low housing stock led to the development of new homes throughout the period. In 2020, amid the pandemic, inadequate housing and near-zero interest rates led to an uptick in construction, despite harsh economic conditions. Loans were easier to access, with mortgage rates reaching historic lows, allowing property developers to break ground on more residential projects. As the economy recovered, housing stock became fulfilled and interest rates rose again as the federal reserve continued to combat inflationary concerns. This led to a massive slowdown in construction at the period's end. Overall, industry revenue is set to increase at an annualized rate of 1.5% to $124.0 billion through 2023, including a 6.6% decline in 2023 alone.
Industry operators primarily construct single-family homes, in which units are separated by ground-to-roof walls with no other units above or below. The industry also encompasses the remodeling of houses and other residential buildings. Industry operators include 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.
Table of Contents
38 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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