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Apartment & Condominium Construction in the US - Industry Market Research Report

  • ID: 16671
  • Report
  • April 2021
  • Region: United States
  • 41 pages
  • IBISWorld
For Rent: Aging Baby Boomers Will Likely Bolster Demand for Industry Services

Apartment & Condominium Construction in the US

The Apartment and Condominium Construction industry has experienced moderate growth over the five years to 2019. Low rental vacancy rates during the five-year period and increased investment in residential construction have fueled development in multifamily apartment starts. Additionally, declining rates of homeownership and a surge in lending to the multifamily sector have further boosted demand for new construction. Overall, industry revenue is expected to grow. Over the five years to 2024, industry revenue is projected to grow at a significantly slower rate.

This industry is composed of general contractors responsible for constructing new multifamily residential units, including high-rise apartments, townhouses, condominiums and medium-to-high density units (i.e. units not separated by a ground-to-roof wall). All of the complexes may be constructed for sale as condominiums or cooperatives, or used as rental apartments. This industry does not include speculative builders or contractors who build on their own account for sale.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown

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