1. Market Research
  2. > Construction Market Trends
  3. > Residential Construction

Residential Construction Industry: Top Market Reports

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
8 votes

Residential Construction Market Research

Residential construction is the business of building and selling individual and multi-family dwellings. A building is regarded as a residential building when more than half of the floor area is used for dwelling purposes. Industry participants in this market include developers and surveyors as well as building firms. In many countries, government or local authority planning permission is required for new buildings and regulations govern construction methods.

Generally in the construction of a new home, drawings and specifications form an important part of the process before construction begins. Drawings focus on a building’s shape, appearance, and dimensions, while the written construction specifications contain the list of materials to be used and how they should be installed. These documents help the surveyors, building contractors and suppliers to identify the work to be performed and also determine the finance needed.

Key Market Segments

The new housing market encompasses both apartment blocks and houses, which may be detached, semi-detached or terraced. There is a wide range of house and apartment prices, and different amenities such as gardens and garages are offered.

In many countries the housing construction market can be segmented into building for the private and public sectors, the second of which provides affordable housing for low-income families.

The residential construction market can also be segmented into timber-framed, which, for instance, accounts for around a quarter of new homes in the UK, concrete homes, particularly common in Asia, and prefabricated houses, which are engineered, constructed in factories and transported to the building site. In the USA more than 19 million people live in manufactured housing, which also accounts for about 9% of new US homes. 

Regional Market Shares

The global construction market is a more than $8 trillion industry of which residential construction is the largest sector, accounting for more than $2.5 trillion. Robust growth in Asia is likely to drive the home construction market to more than $2.9 billion globally in the short term.

The USA’s is one of the largest construction markets worldwide. The housing construction industry contributed significantly to its national economic growth until 2006. However from 2006 through 2009, the situation reversed and the industry faced a major downturn. In the period since 2009, the volume of home construction has improved as lending is again becoming available to many American. New residential construction spending in the USA is expected to reach more than $500 billion in the foreseeable future.

The construction industry is very important to the EU economy and contributes around 10% or $1.8 trillion to the $18 trillion GDP. The building industry, including home construction, experienced a major slowdown from the end of 2006 due to the economic crisis. After seven years, however, EU construction is recovering: house building recorded moderate growth of 1.4% in 2014.

Real estate has been a key factor in China’s rapid growth in recent decades. In residential real estate alone, China has been constructing more than one third of all the new buildings in the world. China’s National New-Type Urbanization Plan 2014-2020 aims to increase the percentage of China’s population living in cities to 60% by 2020, driving continued demand for home building.

Read more »

24/7 Customer Support

Talk to Sam

+852 5808 2421

410 Reports
Demand, Forecast, Economy
2100 Statistics
Demand, Economy, Market Size
16 Reports
Demand, Economy, Market Size
310 Statistics
Market Size, Demand, Economy
9 Reports
Demand, Supply, Forecast
120 Statistics
Market Size, Demand, Finance
15 Reports
Demand, Economy, Forecast
90 Statistics
Demand, Market Size, Economy
120 Reports
Demand, Forecast, Economy
510 Statistics
Market Size, Demand, Economy
170 Reports
Demand, Forecast, Economy
510 Statistics
Demand, Market Size, Economy
3 Reports
Demand, Forecast, Economy
87 Statistics
Market Size, Demand, Economy
14 Reports
Demand, Market Size, Company Financials
130 Statistics
Market Size, Demand, Finance
3 Reports
Demand, Company Financials, Company
29 Statistics
Market Size, Demand, Trade
5 Reports
Forecast, Demand, Supply
1 Statistics
Market Size, Finance, Company Financials
Search in Residential Construction Industry (About 19000 reports)
Parent industry: Construction
Related industries: Green Building, Heavy Construction, Construction Equipment, Civil Engineering, Construction Services, Building Materials, Non-Residential Construction, Building Products, Urban Development

About 2800 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 5550)

Liquid Applied Membrane Market by Type, application, End-Use Industry - Global Forecast to 2021

Liquid Applied Membrane Market: Global Forecast until 2021

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“The liquid applied membrane market is projected to grow at a CAGR of 6.3% in terms of value during the forecast period” The liquid applied membrane market was valued at USD 14.42 billion in 2015, ...

Redispersible Polymer Powder Market: Global Forecast un ... $ 5650 December 2016

Homewares: In-depth Industry Report in South Korea $ 992 May 2017

Smart Toilet Seat Sector: Worldwide Forecast until 2021 $ 3500 September 2017

Residential Construction Top 5 Emerging Markets Industr ... $ 995 February 2017

Home Electrical Consumables Sector: Worldwide Forecast ... $ 3500 July 2017

Home Improvement: In-depth Industry Report in Asia Paci ... $ 1302 August 2017

Residential Cooker Hoods Sector: Worldwide Forecast unt ... $ 3500 September 2017

Home Improvement: In-depth Industry Report in Thailand $ 992 June 2017

Australia: Real Estate Activities analysis $ 657 May 2017

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.