Real Estate, Construction & Home Building Market Research

Competitive Intelligence, Business Analysis, Forecasts, Market Size, Trends, Companies, Statistics

Available Data Services: Custom Research Projects, Database Subsription or PDF eBooks

Real Estate & Construction OVERVIEW

The real estate and construction sectors, including the many professions and fields associated with them, are among the larger components of the global economy.  As of end of year 2022, the U.S. Bureau of Labor estimated that 7.5 million Americans were employed in the construction industry (up from 7.0 million at the beginning of 2020, and close to 2007’s peak of 7.6 million).  The agency also estimated that 1.8 million Americans were employed in the real estate industry as of end of year 2022.
Unfortunately, the Coronavirus pandemic of 2020 created many challenges in the real estate sector.  Problems include homeowners who temporarily lost their incomes and were unable to pay their mortgages, construction projects that were temporarily halted and the closure of a large number of commercial businesses such as restaurants, therefore creating empty office and shopping center space.  In response, governments in many nations enacted financial support that provided much-needed relief.  In the U.S., mortgage deferral was available, and the Payroll Protection Plan (PPP) enabled many small businesses to remain open that otherwise would have promptly folded.  Meanwhile, a combination of exceptionally low interest rates and a new work-from-home trend led to a boom in residential housing, as many people wanted larger houses or moved away from cities to larger homes in locales such as Florida, Utah and Arizona.  One result was a shortage of both building materials and construction workers.  Another was soaring home prices, combined with a dire shortage of inventory of houses for sale.  By mid-2022, interest rates had climbed significantly, making home ownership less affordable, which reduced total home sales.
Home prices have risen to the point that bargains are hard to come by.  In 2022 through early 2023, there was very little inventory of homes for sale in most U.S. many non-U.S. markets, leading to bidding wars among buyers. 
There was $19.3 trillion in outstanding mortgage debt of all types in America at year-end 2022, up from $17.0 trillion one year earlier, including homes and commercial projects.  This total included $13.4 trillion in home mortgages, up from $11.6 trillion in 2020.
Construction of all types, including commercial, has enjoyed a strong market in recent years.  About $337 trillion in new American construction was expected to be put into place for 2022, according to the U.S. Bureau of the Census. 
Many home builders have been challenged in finding enough new lots for future building.  In many markets, they are also challenged in creating new homes at price points that are attractive to first-time buyers, as lot prices are high, and cities are often charging significant infrastructure fees for each new home built.  In fact, housing affordability in general is a significant problem in many major markets worldwide.
Retail centers in the U.S. are seriously overbuilt, and there are too many stores trying to sell to too few shoppers.  The result of this glut has been large numbers of retail store chain bankruptcies—a trend that accelerated dramatically during the Coronavirus pandemic.  Many major retail chains are now opening much smaller stores than in the past.  Meanwhile, retail stores are facing dramatic competition from sales made over the internet.  Online commerce has been growing at stellar rates while mall traffic and store revenues are generally disappointing.  Mall owners in many areas are accepting large non-retail tenants in an effort to fill up former department store sites.
Apartment house operators have been enjoying brisk business in general.  Low vacancy rates have been encouraging the construction of new apartment buildings at a rapid rate.  However, as of mid-2023, commercial and rental property investors of all types were struggling with much higher interest rates when mortgage renewals dates come due.
Meanwhile, on a global basis, there will be continuing demand from the health care sector for new or remodeled properties such as out-patient clinics, as the percentage of the population over age 65 continues to grow in many nations from North America to Asia to Europe, boosting the need for medical care and assisted living centers.  Another growing trend in construction is the use of energy conservation technologies in new buildings.  This is true in both residential and commercial construction.  Several “green” building certification plans are now in place, so that architects and builders may seek to attain certain energy conservation and eco-friendly standards.  Other advancing technologies include “smart home” features that control lightning, air conditioning and security via smartphone apps, as well as a small but growing use of robotics and 3D printing in home construction.

PLUNKETT PROVIDES IN-DEPTH STATISTICS TABLES COVERING THE FOLLOWING INDUSTRY TOPICS:

Top Companies Profiled

The following is a partial listing for this industry. As a subscriber, you will have access to the leading companies and top growth companies. This includes publicly-held, private, subsidiary and joint venture companies, on a global basis as well as in the U.S.

PLUNKETT PROVIDES UNIQUE ANALYSIS OF THE FOLLOWING TRENDS THAT ARE DRIVING THIS INDUSTRY:

Key Findings:

  • Plunkett Research analyzes the top trends changing the industry, and provides in-depth industry statistics. In addition, this publication profiles the top 500 companies in Real Estate & Construction Industry.

Available Formats:

  • Printed Almanac: ISBN 978-1-62831-615-5 (Available Now)
  • E-book: ISBN 978-1-62831-946-0 (Available Now)
  • Plunkett Research Online (Subscribers)

Key Features Include:

  • Industry trends analysis, market data and competitive intelligence
  • Market forecasts and Industry Statistics
  • Industry Associations and Professional Societies List
  • In-Depth Profiles of hundreds of leading companies
  • Industry Glossary

Pages: 650

Statistical Tables Provided: 14

Companies Profiled: 508

Geographic Focus: Global

Price: $379.99

Key Questions Answered Include:

  • How is the industry evolving?
  • How is the industry being shaped by new technologies?
  • How is demand growing in emerging markets and mature economies?
  • What is the size of the market now and in the future?
  • What are the financial results of the leading companies?
  • What are the names and titles of top executives?
  • What are the top companies and what are their revenues?

This feature-rich book covers competitive intelligence, market research and business analysis—everything you need to know about the real estate, construction & home building business including:

  1. Introduction to the Real Estate & Construction Industry
  2. The Coronavirus’ Effect on the Real Estate & Construction Industry
  3. Rising Interest Rates Hinder Mortgage Originations, May Slow Home Sales
  4. Online Competition Changes the Mortgage Industry
  5. Millennials & Investors Buying Homes/High Prices Pose Challenges
  6. Real Estate Online Services Continue to Grow
  7. Internet-Based Home Sales and Cheap Commissions Rock Residential Brokers
  8. Homes and Commercial Buildings Seek Green Certification
  9. Building Technologies Advance/Robotics & 3D Printing Used in Construction
  10. Baby Boomers Become a Strong Influence in the Housing Market/Universal Design
    Catches On
  11. Multigenerational Families Are Increasingly Living Under One Roof
  12. Real Estate Markets in China and India Face Challenges
  13. Mixed-Use Developments Go Vertical
  14. Mall and Shopping Center Occupancy Fall as Online Sales Hurt Stores
  15. Malls Remodel to Boost Sales and Attract Shoppers/Store Visitor Counts Are Disappointing
  16. Tiny Apartments and Condos Proliferate, Solve Affordability Problem
  17. Remodeling Market Is Strong
  18. Shared Spaces for Co-Living and Co-Working Face Challenges
  19. The Internet of Things (IoT) and the Smart Home
  20. The Future of Housing/The Future of Cities

Real Estate & Construction Industry Statistics

  1. Real Estate & Construction Industry Statistics and Market Size Overview
  2. Selected Construction Industry Revenue by Industry Sector, U.S.: 2017-2021
  3. Value of U.S. Private Construction Put in Place: 2015-2021
  4. Value of U.S. Public Construction Put in Place: 2015-2021
  5. Estimates of the Total Housing Inventory for the U.S.: 2020-2021
  6. Commercial, Residential & Farm Mortgages by Holder, U.S.: 2013-2021
  7. Home Mortgages by Holder, U.S.: 2013-2021
  8. Mortgage Loans Outstanding, U.S.: 1985-2021
  9. New Privately-Owned Housing Units Started, U.S.: 1985-2021
  10. Homeownership Rates by Region, U.S.: Selected Years, 1965-2021
  11. Average Sales Prices of New Homes Sold in U.S.: 1963-2021
  12. Median & Average Sales Price of New Single Family Homes by Region, U.S.: 1990-2021
  13. Construction Industry Employment, U.S.: 2017- February 2022
  14. Miscellaneous Real Estate & Construction Industry Employment, U.S.: 2017- February 2022

Companies Mentioned Include:

  • China State Construction Engineering Corp (CSCEC)
  • China Railway Construction Company Limited (CRCC)
  • Home Depot Inc
  • China Communications Construction Company Limited
  • Lowes Companies Inc
  • Greenland Holdings Corporation Limited
  • Sinohydro Corporation
  • Poly Developments and Holdings Group Co Ltd
  • Daiwa House Industry Co Ltd
  • Samsung C&T Corporation

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eBook or Book:

This industry onlyPublication date: Jun 2022
ISBN-13: 978-1-62831-946-0
ISBN-13: 978-1-62831-615-5