Eye On Housing
The top 10 builders captured 34.2% of new single-family home closings in 2021, the highest percentage on record based on data released by BUILDER Magazine. This share represents 264,426 closings out of the 774,000 new single-family home sales reported by the U.S. Census in 2021. Nevertheless, these closings only represent 23.5% of single-family starts, a broader measure of home building… Read More ›
Tag Archive for ‘Top Builders’
Construction Self-Employment Rates at Record Low
According to the 2019 American Community Survey (ACS), 22% (2.4 million) of construction workers are self-employed. This is significantly higher than an economy-wide average of 9.7% of the employed labor force. Nevertheless, construction self-employment rates are now lowest on record, down from a record high of over 26% in 2010. One of the factors behind the recently falling construction self-employment… Read More ›
Top Ten Builder Share Tops 30 Percent in 2019 for Second Year in a Row
The top 10 builders captured 30.4% of new single-family home closings in 2019, according to data released by BUILDER Magazine. The 30.4% share represents 207,724 closings out of the 683,000 new single-family home sales reported by the U.S. Census Bureau in 2019. However, these closings represent approximately 23% of single-family starts, a broader measure of home building that includes custom… Read More ›