Housing Developers in the US
Operators in the Housing Developers industry in the United States construct new homes on land that is either owned or controlled by the builder rather than the buyer or investor. Typically, trends in demand for housing stock are dictated by general economic conditions, with consumers demanding new and more luxurious homes during times of prosperity. Over the five years to 2019, industry operators have benefited from broad economic improvements, including relatively low interest rates and rising per capita disposable income. Over the five years to 2024, growth in the new housing construction market is expected to continue, albeit at a slower pace compared with the current period. With a bright outlook ahead, developers and individuals alike are expected to be willing to invest in new units. However, potential further interest rate increases along with an expected increase in the 30-year conventional mortgage rate may erode new home affordability and hamper demand for housing starts.
This industry is primarily engaged in the development of new homes on land that is owned or controlled by the builder rather than the homebuyer or investor. The industry includes establishments that build single-family or multifamily homes. These establishments are often referred to as merchant or speculative builders, but they are also known as production for-sale 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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