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Home Builders in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Home Builders Market Research Report | NAICS 23611a | May 2016

Built up: Low interest rates and rising per capita incomes will support demand

IBISWorld’s Home Builders market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$79bn
Annual Growth 11-16
9.2%
Annual Growth 16-21
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Profit
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Employment
443,486
Businesses
193,748
Industry Analysis & Industry Trends

Over the five years to 2016, the Home Builders industry is expected to grow at a rapid rate not seen since the housing bubble of the last decade. Such robust growth comes in the wake of increasing per capita disposable income, accommodative interest rates, falling commodity prices and improving overall macroeconomic conditions. In the coming years, the industry is expected to continue its expansion over the next five years, albeit at a slower pace, as the housing market normalizes... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2016, the Home Builders industry is expected to grow an annualized 9.2% to $79.0 billion, a level not seen since before the 2007 financial crisis. Such robust growth comes in the wake of increasing per capita disposable income, accommodative interest rates, falling commodity prices and improving overall macroeconomic conditions; however, the magnitude of the growth is partially attributable to the low base from which the industry had been coming off of at the beginning of this five-year period. Profit margins have also widened in the face of rising demand, supporting the expansion of industry operators, the number of employees and total wage payments among the Home Builders industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Home Builders Industry?

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.

Industry Products
Brick exterior homesWood exterior homesStucco exterior homesVinyl siding exterior homesAluminum siding exterior homesOther exterior homes
 
Industry Activities
Single-family homebuilding and general contracting (i.e. detached housing units, townhouses and row houses)Managing single-family-housing constructionLow-income single-family-housing constructionManaging residential remodeling constructionHandyman construction for residential buildings


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