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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 | Feb 2016

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

IBISWorld’s Home Builders market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$105bn
Annual Growth 11-16
5.8%
Annual Growth 16-21
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Profit
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Employment
447,322
Businesses
298,710
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 Products Chapter

Operators in the Home Builders industry are responsible for the construction of new homes. This excludes the construction of apartments and condominiums, construction by housing developers and remodeling activities. Vinyl siding exterior homes represent the most popular type of home constructed, however, the segment has shrunk as brick and stucco exterior homes have grown in popularity.

Vinyl siding exterior homes

Vinyl siding exterior homes are characterized by a plastic exterior cladding and represent 29.7% of industry revenue. Vinyl siding is used as both a decoration for the exterior of homes and for weatherproofing... 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 firms acting as general contractors and builders. The industry does not include speculative builders or contractors that build on their own account for sale.

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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