In the home stretch
The industry has experienced a severe decline in revenue over the last three years as the housing market crashed, unemployment rose and demand for multi-family construction fell drastically. In the next few years, however, business will pick up as the housing market and overall economy recover. Benefits will flow to contractors and property developers operating close to the higher-density population areas, and the trend toward large master-planned communities will continue to grow.
This industry is comprised of general contractors responsible for the construction of new multifamily residential housing units, including high-rise apartments, townhouses, condominiums and medium-to-high density home 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 utilized as rental apartments.
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.