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Single Family Home Building in the US
IBISWorld, July 2009, Pages: 47
This industry comprises establishments primarily responsible for the entire construction (i.e., new work, additions, alterations, and repairs) of single family residential housing units (e.g., single family detached houses, town houses, or row houses where each housing unit is separated by a ground-to-roof wall and where no housing units are constructed above or below). This industry includes establishments responsible for additions and alterations to mobile homes and on-site assembly of modular and prefabricated houses. Establishments identified as single family construction management firms are also included in this industry. Establishments in this industry may perform work for others or on their own account for sale as speculative or operative builders. Kinds of establishments include single family housing custom builders, general contractors, design builders, engineer-constructors, joint-venture contractors, and turnkey contractors. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are three year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Solid foundations to rebuild upon
This industry is characterized by its large number of small-scale, geographically dispersed establishments. Competition on a regional basis is intense, and only the largest players compete nationally. The industry is expected to emerge from a deep cyclical trough (exacerbated by the subprime and financial crises of 2008) after 2009, boosted by ongoing reconstruction work in hurricane-damaged areas.
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