The 2016 top ten publicly-traded builders captured a 27.4% share of new single-family home closings, up from 27.1% in 2015. The 27.4% share in 2016 is out of the 559,000 new home sales reported by the Census Bureau. However, this count represents a smaller share…
A recent NAHB study shows that the median size of a subdivision in the United States is 25 total acres, and the median number of housing units in a subdivision is 50. The results are based on a survey of development projects currently under way…
Much like it counts people every 10 years, the US government counts American businesses every 5 years. This is done through the Economic Census, which is conducted by the Census Bureau in years ending in 2 and 7. Results for the residential construction industry for…
A previous post discussed how the current shortage of subcontractors in residential construction is becoming more acute. This is significant, because subcontractors are very important to the construction of the typical home. Periodically, NAHB has found it worthwhile to remind the public just how important….
In the United States, the majority of households own their home. NAHB analysis of international data indicates that the same is true across the European Union (EU). The vast majority of European households own their home as well. However, the incidence of homeownership across the…
Home building, remodeling and the overall residential construction industry support many types of jobs. BLS data from the 2014 Occupational Employment Statistics (OES) Survey, and NAHB analysis, provide a count of these occupation classes. The OES survey defines employment as the number of workers who can be…
A recent Eye on Housing post reported on NAHB’s 800th customized local impact study. In addition to studies customized to a particular area, NAHB has traditionally produced a “typical local” report using national average inputs. This report—showing the jobs, income and taxes generated by residential construction in a…
