Residential Construction Market in US 2024-2028

Residential Construction Market In US 2024-2028


The residential construction market in US is forecasted to grow by USD 231.92 bn during 2023-2028, accelerating at a CAGR of 4.45% during the forecast period. The report on the residential construction market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing household formation rates, favorable government policies and incentives for real estate, and rising economic growth and rising disposable income in US.

Technavio's residential construction market in US is segmented as below:

By Product
  • Apartments and condominiums
  • Villas
  • Other types
By Type
  • New construction
  • Renovation
By Application
  • Single family
  • Multi-family
This study identifies the rising focus on sustainability in residential construction projects as one of the prime reasons driving the residential construction market in US growth during the next few years. Also, integration technology in building modeling and an increase in the rate of urbanization and population growth will lead to sizable demand in the market.

The report on the residential construction market in US covers the following areas:
  • Residential construction market in US sizing
  • Residential construction market in US forecast
  • Residential construction market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential construction market in US vendors that include Alliance Residential Co., ATCO Ltd., BEAZER HOMES USA INC., D. R. Hortons Inc., DRB Homes, Greystar Worldwide LLC, Hensel Phelps, HOCHTIEF AG, Hovnanian Enterprises, KAUFMAN and BROAD, Kiewit Corp., Lennar Corp., M/I Homes Inc., Meritage Homes Corp., Mill Creek Residential, NVR Inc., Pultegroup Inc., Taylor Morrison Inc., and TOLL BROTHERS INC. Also, the residential construction market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 13: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 14: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Residential construction market in US 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on residential construction market in US 2018 - 2022 ($ billion)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Exhibit 27: Chart on Product - Market share 2023-2028 (%)
Exhibit 28: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 29: Chart on Comparison by Product
Exhibit 30: Data Table on Comparison by Product
6.3 Apartments and condominiums - Market size and forecast 2023-2028
Exhibit 31: Chart on Apartments and condominiums - Market size and forecast 2023-2028 ($ billion)
Exhibit 32: Data Table on Apartments and condominiums - Market size and forecast 2023-2028 ($ billion)
Exhibit 33: Chart on Apartments and condominiums - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Apartments and condominiums - Year-over-year growth 2023-2028 (%)
6.4 Villas - Market size and forecast 2023-2028
Exhibit 35: Chart on Villas - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Data Table on Villas - Market size and forecast 2023-2028 ($ billion)
Exhibit 37: Chart on Villas - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Villas - Year-over-year growth 2023-2028 (%)
6.5 Other types - Market size and forecast 2023-2028
Exhibit 39: Chart on Other types - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Data Table on Other types - Market size and forecast 2023-2028 ($ billion)
Exhibit 41: Chart on Other types - Year-over-year growth 2023-2028 (%)
Exhibit 42: Data Table on Other types - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 43: Market opportunity by Product ($ billion)
Exhibit 44: Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 45: Chart on Type - Market share 2023-2028 (%)
Exhibit 46: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 47: Chart on Comparison by Type
Exhibit 48: Data Table on Comparison by Type
7.3 New construction - Market size and forecast 2023-2028
Exhibit 49: Chart on New construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Data Table on New construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Chart on New construction - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on New construction - Year-over-year growth 2023-2028 (%)
7.4 Renovation - Market size and forecast 2023-2028
Exhibit 53: Chart on Renovation - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Data Table on Renovation - Market size and forecast 2023-2028 ($ billion)
Exhibit 55: Chart on Renovation - Year-over-year growth 2023-2028 (%)
Exhibit 56: Data Table on Renovation - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 57: Market opportunity by Type ($ billion)
Exhibit 58: Data Table on Market opportunity by Type ($ billion)
8 Market Segmentation by Application
8.1 Market segments
Exhibit 59: Chart on Application - Market share 2023-2028 (%)
Exhibit 60: Data Table on Application - Market share 2023-2028 (%)
8.2 Comparison by Application
Exhibit 61: Chart on Comparison by Application
Exhibit 62: Data Table on Comparison by Application
8.3 Single family - Market size and forecast 2023-2028
Exhibit 63: Chart on Single family - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on Single family - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on Single family - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Single family - Year-over-year growth 2023-2028 (%)
8.4 Multi-family - Market size and forecast 2023-2028
Exhibit 67: Chart on Multi-family - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Multi-family - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Multi-family - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Multi-family - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Application
Exhibit 71: Market opportunity by Application ($ billion)
Exhibit 72: Data Table on Market opportunity by Application ($ billion)
9 Customer Landscape
9.1 Customer landscape overview
Exhibit 73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 74: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 75: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 76: Overview on factors of disruption
11.4 Industry risks
Exhibit 77: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 78: Vendors covered
12.2 Market positioning of vendors
Exhibit 79: Matrix on vendor position and classification
12.3 Alliance Residential Co.
Exhibit 80: Alliance Residential Co. - Overview
Exhibit 81: Alliance Residential Co. - Product / Service
Exhibit 82: Alliance Residential Co. - Key offerings
12.4 BEAZER HOMES USA INC.
Exhibit 83: BEAZER HOMES USA INC. - Overview
Exhibit 84: BEAZER HOMES USA INC. - Business segments
Exhibit 85: BEAZER HOMES USA INC. - Key offerings
Exhibit 86: BEAZER HOMES USA INC. - Segment focus
12.5 D. R. Hortons Inc.
Exhibit 87: D. R. Hortons Inc. - Overview
Exhibit 88: D. R. Hortons Inc. - Business segments
Exhibit 89: D. R. Hortons Inc. - Key offerings
Exhibit 90: D. R. Hortons Inc. - Segment focus
12.6 DRB Homes
Exhibit 91: DRB Homes - Overview
Exhibit 92: DRB Homes - Product / Service
Exhibit 93: DRB Homes - Key offerings
12.7 Greystar Worldwide LLC
Exhibit 94: Greystar Worldwide LLC - Overview
Exhibit 95: Greystar Worldwide LLC - Product / Service
Exhibit 96: Greystar Worldwide LLC - Key offerings
12.8 Hensel Phelps
Exhibit 97: Hensel Phelps - Overview
Exhibit 98: Hensel Phelps - Product / Service
Exhibit 99: Hensel Phelps - Key offerings
12.9 HOCHTIEF AG
Exhibit 100: HOCHTIEF AG - Overview
Exhibit 101: HOCHTIEF AG - Business segments
Exhibit 102: HOCHTIEF AG - Key offerings
Exhibit 103: HOCHTIEF AG - Segment focus
12.10 Hovnanian Enterprises
Exhibit 104: Hovnanian Enterprises - Overview
Exhibit 105: Hovnanian Enterprises - Product / Service
Exhibit 106: Hovnanian Enterprises - Key offerings
12.11 KAUFMAN and BROAD
Exhibit 107: KAUFMAN and BROAD - Overview
Exhibit 108: KAUFMAN and BROAD - Business segments
Exhibit 109: KAUFMAN and BROAD - Key offerings
Exhibit 110: KAUFMAN and BROAD - Segment focus
12.12 Kiewit Corp.
Exhibit 111: Kiewit Corp. - Overview
Exhibit 112: Kiewit Corp. - Product / Service
Exhibit 113: Kiewit Corp. - Key offerings
12.13 Lennar Corp.
Exhibit 114: Lennar Corp. - Overview
Exhibit 115: Lennar Corp. - Product / Service
Exhibit 116: Lennar Corp. - Key offerings
12.14 M/I Homes Inc.
Exhibit 117: M/I Homes Inc. - Overview
Exhibit 118: M/I Homes Inc. - Business segments
Exhibit 119: M/I Homes Inc. - Key offerings
Exhibit 120: M/I Homes Inc. - Segment focus
12.15 Meritage Homes Corp.
Exhibit 121: Meritage Homes Corp. - Overview
Exhibit 122: Meritage Homes Corp. - Product / Service
Exhibit 123: Meritage Homes Corp. - Key offerings
12.16 Mill Creek Residential
Exhibit 124: Mill Creek Residential - Overview
Exhibit 125: Mill Creek Residential - Product / Service
Exhibit 126: Mill Creek Residential - Key offerings
12.17 NVR Inc.
Exhibit 127: NVR Inc. - Overview
Exhibit 128: NVR Inc. - Business segments
Exhibit 129: NVR Inc. - Key offerings
Exhibit 130: NVR Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 131: Inclusions checklist
Exhibit 132: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 133: Currency conversion rates for US$
13.4 Research methodology
Exhibit 134: Research methodology
Exhibit 135: Validation techniques employed for market sizing
Exhibit 136: Information sources
13.5 List of abbreviations
Exhibit 137: List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Product
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Market Segmentation by Application
Exhibits7: Executive Summary - Chart on Vendor Market Positioning
Exhibits8: Parent market
Exhibits9: Market Characteristics
Exhibits10: Offerings of vendors included in the market definition
Exhibits11: Market segments
Exhibits12: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits13: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits14: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits15: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits16: Historic Market Size - Data Table on residential construction market in US 2018 - 2022 ($ billion)
Exhibits17: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits18: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Product - Market share 2023-2028 (%)
Exhibits28: Data Table on Product - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Product
Exhibits30: Data Table on Comparison by Product
Exhibits31: Chart on Apartments and condominiums - Market size and forecast 2023-2028 ($ billion)
Exhibits32: Data Table on Apartments and condominiums - Market size and forecast 2023-2028 ($ billion)
Exhibits33: Chart on Apartments and condominiums - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Apartments and condominiums - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Villas - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Data Table on Villas - Market size and forecast 2023-2028 ($ billion)
Exhibits37: Chart on Villas - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Villas - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on Other types - Market size and forecast 2023-2028 ($ billion)
Exhibits40: Data Table on Other types - Market size and forecast 2023-2028 ($ billion)
Exhibits41: Chart on Other types - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on Other types - Year-over-year growth 2023-2028 (%)
Exhibits43: Market opportunity by Product ($ billion)
Exhibits44: Data Table on Market opportunity by Product ($ billion)
Exhibits45: Chart on Type - Market share 2023-2028 (%)
Exhibits46: Data Table on Type - Market share 2023-2028 (%)
Exhibits47: Chart on Comparison by Type
Exhibits48: Data Table on Comparison by Type
Exhibits49: Chart on New construction - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Data Table on New construction - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Chart on New construction - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on New construction - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Renovation - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Data Table on Renovation - Market size and forecast 2023-2028 ($ billion)
Exhibits55: Chart on Renovation - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Renovation - Year-over-year growth 2023-2028 (%)
Exhibits57: Market opportunity by Type ($ billion)
Exhibits58: Data Table on Market opportunity by Type ($ billion)
Exhibits59: Chart on Application - Market share 2023-2028 (%)
Exhibits60: Data Table on Application - Market share 2023-2028 (%)
Exhibits61: Chart on Comparison by Application
Exhibits62: Data Table on Comparison by Application
Exhibits63: Chart on Single family - Market size and forecast 2023-2028 ($ billion)
Exhibits64: Data Table on Single family - Market size and forecast 2023-2028 ($ billion)
Exhibits65: Chart on Single family - Year-over-year growth 2023-2028 (%)
Exhibits66: Data Table on Single family - Year-over-year growth 2023-2028 (%)
Exhibits67: Chart on Multi-family - Market size and forecast 2023-2028 ($ billion)
Exhibits68: Data Table on Multi-family - Market size and forecast 2023-2028 ($ billion)
Exhibits69: Chart on Multi-family - Year-over-year growth 2023-2028 (%)
Exhibits70: Data Table on Multi-family - Year-over-year growth 2023-2028 (%)
Exhibits71: Market opportunity by Application ($ billion)
Exhibits72: Data Table on Market opportunity by Application ($ billion)
Exhibits73: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits74: Impact of drivers and challenges in 2023 and 2028
Exhibits75: Overview on Criticality of inputs and Factors of differentiation
Exhibits76: Overview on factors of disruption
Exhibits77: Impact of key risks on business
Exhibits78: Vendors covered
Exhibits79: Matrix on vendor position and classification
Exhibits80: Alliance Residential Co. - Overview
Exhibits81: Alliance Residential Co. - Product / Service
Exhibits82: Alliance Residential Co. - Key offerings
Exhibits83: BEAZER HOMES USA INC. - Overview
Exhibits84: BEAZER HOMES USA INC. - Business segments
Exhibits85: BEAZER HOMES USA INC. - Key offerings
Exhibits86: BEAZER HOMES USA INC. - Segment focus
Exhibits87: D. R. Hortons Inc. - Overview
Exhibits88: D. R. Hortons Inc. - Business segments
Exhibits89: D. R. Hortons Inc. - Key offerings
Exhibits90: D. R. Hortons Inc. - Segment focus
Exhibits91: DRB Homes - Overview
Exhibits92: DRB Homes - Product / Service
Exhibits93: DRB Homes - Key offerings
Exhibits94: Greystar Worldwide LLC - Overview
Exhibits95: Greystar Worldwide LLC - Product / Service
Exhibits96: Greystar Worldwide LLC - Key offerings
Exhibits97: Hensel Phelps - Overview
Exhibits98: Hensel Phelps - Product / Service
Exhibits99: Hensel Phelps - Key offerings
Exhibits100: HOCHTIEF AG - Overview
Exhibits101: HOCHTIEF AG - Business segments
Exhibits102: HOCHTIEF AG - Key offerings
Exhibits103: HOCHTIEF AG - Segment focus
Exhibits104: Hovnanian Enterprises - Overview
Exhibits105: Hovnanian Enterprises - Product / Service
Exhibits106: Hovnanian Enterprises - Key offerings
Exhibits107: KAUFMAN and BROAD - Overview
Exhibits108: KAUFMAN and BROAD - Business segments
Exhibits109: KAUFMAN and BROAD - Key offerings
Exhibits110: KAUFMAN and BROAD - Segment focus
Exhibits111: Kiewit Corp. - Overview
Exhibits112: Kiewit Corp. - Product / Service
Exhibits113: Kiewit Corp. - Key offerings
Exhibits114: Lennar Corp. - Overview
Exhibits115: Lennar Corp. - Product / Service
Exhibits116: Lennar Corp. - Key offerings
Exhibits117: M/I Homes Inc. - Overview
Exhibits118: M/I Homes Inc. - Business segments
Exhibits119: M/I Homes Inc. - Key offerings
Exhibits120: M/I Homes Inc. - Segment focus
Exhibits121: Meritage Homes Corp. - Overview
Exhibits122: Meritage Homes Corp. - Product / Service
Exhibits123: Meritage Homes Corp. - Key offerings
Exhibits124: Mill Creek Residential - Overview
Exhibits125: Mill Creek Residential - Product / Service
Exhibits126: Mill Creek Residential - Key offerings
Exhibits127: NVR Inc. - Overview
Exhibits128: NVR Inc. - Business segments
Exhibits129: NVR Inc. - Key offerings
Exhibits130: NVR Inc. - Segment focus
Exhibits131: Inclusions checklist
Exhibits132: Exclusions checklist
Exhibits133: Currency conversion rates for US$
Exhibits134: Research methodology
Exhibits135: Validation techniques employed for market sizing
Exhibits136: Information sources
Exhibits137: List of abbreviations

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