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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

The Home Builders market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$87bn
Annual Growth 11-16
10.7%
Annual Growth 16-21
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Profit
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Employment
612,932
Businesses
344,383
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 - Starting a New Business Chapter

No specific barriers to entry exist in the industry other than the need to obtain state-based licenses and registration. But because competition is largely based on reputation and proven performance, many new competitors find it difficult to quickly establish a foothold in the market. As a result, many new entrants will first exist as subcontractors and find work through existing companies that require additional employees for jobs.

Existing operators experience several advantages over new entrants, including access to a pool of skilled subcontractors, ongoing arrangements with material suppliers, ongoing arrangements with financial institutions and property developers, completed examples for displaying their workmanship in a local market and potential word-of-mouth referrals... 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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