Residential Construction Contractors Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 6/23/2014
SIC Codes: 1521, 1522, 1531
NAICS Codes: 2361
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Residential Construction Contractors Industry Profile

Companies in this industry construct, remodel, or renovate residential buildings. Major companies include DR Horton, KB Home, Lennar, and PulteGroup (all in the US), as well as Country Garden Holdings (Hong Kong), Daiwa House (Japan), Desarrolladora Homex (Mexico), and Barratt Developments (UK).

Globally, residential construction revenue has been flat and is not predicted to return to the industry's 2006 peak of $2.5 trillion in revenue until about 2015, according to IHS Global Insight. The strongest growth is expected to come from emerging markets in Asia and Latin America.

The US residential construction contracting industry includes about 150,000 establishments (single-location companies and units of multi-location companies) with annual revenue of about $285 billion.

Builders of both single-family and multifamily housing are included in the industry, as are residential remodelers. The industry includes general contractors, who build on land owned by others, and operative builders, who build on land they own or control. Specialty trade contractors such as plumbers and electricians, who often work as subcontractors for residential construction contractors or operative builders, are covered in separate profiles.


Demand for new housing depends on population growth and is linked to interest rates. The profitability of individual companies depends on efficient operations and securing favorable building locations. Large builders have some advantages in purchasing and marketing. Small companies can compete effectively by specializing. The industry is fragmented.


Major products are single family homes and multifamily ...

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