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

Apartment & Condominium Construction in the US

Apartment & Condominium Construction in the US - IBISWorld Industry Market Research
Apartment & Condominium Construction in the US
Published Nov 17, 2014
35 pages — Published Nov 17, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report


In the wake of economic recovery, decreased vacancy rates and lower rent prices have facilitated growth in multifamily complex starts. In addition, declining homeownership rates, aggressive lending into the multifamily sector and gains in both employment and disposable income have all boosted demand for apartments and condominiums. Over the five years to 2019, this trend will likely continue; demand for multifamily construction is expected to increase due to the continued migration of the US population toward metropolitan areas, where these complexes are more common.

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.

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

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Apartment & Condominium Construction in the US" Nov 17, 2014. Alacra Store. Oct 21, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Apartment-Condominium-Construction-in-the-US-2042-2566>
IBISWorld Industry Market Research. (2014). Apartment & Condominium Construction in the US Nov 17, 2014. New York, NY: Alacra Store. Retrieved Oct 21, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Apartment-Condominium-Construction-in-the-US-2042-2566>
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