PUBLISHER: The Business Research Company | PRODUCT CODE: 1664522
PUBLISHER: The Business Research Company | PRODUCT CODE: 1664522
Builders of new housing for sale pertain to businesses primarily engaged in constructing new homes on land owned or controlled by the developer, rather than the customer or investor, with the land being sold in conjunction with the house. These builders are involved in the construction of both single-family and multiple-family housing units.
The primary property types associated with new housing for sale builders include residential, commercial, industrial, and land. Residential property encompasses any structure or unit zoned for residential use, including single-family homes, multi-family homes, and condominiums. Businesses in this sector engage in both sales and rental activities, utilizing both online and offline modes for transactions.
The new housing for sale builder market research report is one of a series of new reports from The Business Research Company that provides new housing for sale builder market statistics, including new housing for sale builder industry global market size, regional shares, competitors with a new housing for sale builder market share, detailed new housing for sale builder market segments, market trends and opportunities, and any further data you may need to thrive in the new housing for sale builder industry. This new housing for sale builder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The new housing for-sale builders market size has grown strongly in recent years. It will grow from $1963.77 billion in 2024 to $2072 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to economic growth and consumer confidence, low mortgage rates, population growth and urbanization, job opportunities and employment, government policies and incentives.
The new housing for-sale builders market size is expected to see strong growth in the next few years. It will grow to $2644.41 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to millennial homeownership trends, affordability challenges, interest rate fluctuations, sustainable and energy-efficient construction, urban renewal and redevelopment. Major trends in the forecast period include collaboration with proptech startups, energy efficiency and net-zero homes, modular and prefabricated construction, wellness-focused design, urbanization and mixed-use developments.
The growth of the new housing-for-sale builders market is anticipated to be propelled by the increasing global population. Population refers to the collective number of individuals of a single species capable of breeding and coexisting in the same habitat. Factors such as a growing population reaching reproductive age, a consistent increase in average lifespan, and significant changes in fertility rates contribute to the upward trajectory of the global population. Investors are actively acquiring both residential and commercial properties, driven by the demand for affordable housing units in metropolitan areas influenced by the rising population. For example, data published by the United Nations in November 2022 revealed that the global population reached 8 billion in 2022, up from 7.9 billion in 2021. Projections indicate a further increase to 8.5 billion by 2030 and 9.7 billion by 2050. Thus, the growing population is a key driver fueling the expansion of the new housing-for-sale builders' market.
The growth of the housing-for-sale builders market is expected to be propelled by the expanding residential sector. The residential sector pertains to regions or areas where people reside, typically in houses, apartments, or other living spaces. Housing-for-sale builders in the residential sector are responsible for constructing new homes on land owned or controlled by the builder. For instance, according to the United States Census Bureau in March 2023, the number of privately owned housing units approved by building permits in February reached 1,524,000 on a seasonally adjusted yearly basis, reflecting a 13.8% increase from the corrected January rate of 1,339,000. Consequently, the growth of the residential sector is a significant driver behind the expansion of the housing-for-sale builders market.
Technological advancements are emerging as a significant trend in the new housing for-sale builders' market. Companies within this sector are increasingly adopting new technologies, including AI-driven property technology tools, to maintain their competitive edge. For example, in April 2024, Zillow, a US-based real estate company, began leveraging artificial intelligence (AI) at the core of its operations to enhance the home-finding experience. By integrating AI technology into its platform, Zillow optimizes pricing strategies and predicts housing market trends, resulting in more accurate home valuations and improved services for both buyers and sellers. This emphasis on AI allows Zillow to transform raw data into actionable insights and create engaging user experiences, further positioning it as a leader in the market.
Major companies in the new housing-for-sale builders market are actively pursuing strategic collaborations to expedite the sale of new houses and gain a competitive edge. These collaborations aim to enhance marketing and sales efforts, increase brand visibility, and create growth opportunities in a competitive market. For example, in August 2023, Zillow Group Inc., a tech real estate marketplace company, partnered with Redfin Corporation, a real estate company, to expand Redfin users' access to a broader selection of newly constructed houses for sale. This collaboration also aims to increase the visibility of home builder listings on Zillow, streamlining the home-buying process. As part of this alliance, home builders working with Zillow will have their listings and communities syndicated to Redfin, starting in the fourth quarter of 2023.
In July 2022, Lennar Corporation, a homebuilder based in the United States, acquired Executive Construction Homes, LLC., marking a strategic move to strengthen its portfolio and presence in Columbia. Through this acquisition, the combined resources of Lennar and Executive Construction Homes are expected to enhance their offerings in the new home building market.
Major companies operating in the new housing for-sale builders market include Brookfield Corporation, D.R. Horton Inc., Kaufman and Broad Home Corporation, Lennar Corporation, TRI Pointe Group Inc., PulteGroup Inc., M/I Homes Inc., Toll Brothers Inc., Hovnanian Enterprises Inc., NVR Inc., Beazer Homes USA Inc., Fortin Construction Inc., Maronda Homes Inc., Taylor Morrison Home Corporation, Meritage Homes Corporation, Century Communities Inc., LGI Homes Inc., William Lyon Homes Inc., AV Homes Inc., M.D.C. Holdings Inc., Ashton Woods Homes LLC, Fischer Homes LLP, Gehan Homes Ltd., Highland Homes, David Weekley Homes Inc., Perry Homes LP
Asia-Pacific was the largest region in the new housing for-sale builders market in 2024. The regions covered in the new housing for-sale builders market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the new housing for-sale builders market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The new housing for-sale builders market consists of sales of single-family dwellings, multi-family dwellings, multi-family houses, and detached houses or villas. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
New Housing For-Sale Builders Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on new housing for-sale builders market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for new housing for-sale builders ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The new housing for-sale builders market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.