Rebuilding its foundation
As the economy recovers, consumers will return to buying and the oversupply of houses from the real estate boom will dissolve, contributing to demand for new single-family homes. Firms will benefit from improvements in housing demand, lending activity and real estate values. Furthermore, the Obama administration's initiatives to encourage home buyers will support growth in the next five years.
This industry is comprised of firms that are primarily responsible for the construction of new single-family homes, where each housing unit is separated from its neighbors by a ground-to-roof wall and has no housing units constructed above or below. The industry also includes the remodeling of houses and other residential buildings. Industry operators consist of general contractors, remodelers and builders that construct complexes 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.