Categories: Industry

New Housing For-Sale Builders Market Scope, Share, Size And Forecast 2024-2033

Overview and Scope

The new housing for-sale builders refer to the business, primarily associated with the construction of new homes on land that is owned or controlled by the developer, instead of the customer or investor, and the land is sold along with the house. They are used to build single-family and/or multiple-family housing units.

Sizing and Forecast

The new housing for-sale builders market size has grown strongly in recent years. It will grow from $1952.91 billion in 2023 to $2056.35 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. 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 $2554.16 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. 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.

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Segmentation & Regional Insights

The new housing for-sale builders market covered in this report is segmented –

1) By Property: Residential, Commercial, Industrial, Land

2) By Business: Sales, Rental

3) By Mode: Online, Offline

Asia-Pacific was the largest region in the new housing for-sale builders market in 2023. 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

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Major Driver Impacting Market Growth

The rising population is expected to propel the growth of the new housing-for-sale builders market. Population refers to the several individuals of a single species that can breed together and coexist in the same habitat are collectively. Growing numbers of people reaching reproductive age, a steady rise in the average lifespan, and significant changes in the fertility rate have all contributed significantly to the rising population. Investors are eagerly purchasing both residential and commercial properties as a result of the rising population’s impact on the demand for affordable housing units in metropolitan areas, so rising population will propel the market growth. For instance, in November 2022, according to the data published by United Nations, a US-based, intergovernmental organization, the global population reached 8 billion in 2022, from 7.9 billion in 2021. The global population is expected to reach 8.5 billion in 2030, and a further 9.7 billion by 2050. Therefore, the rising population is driving the growth of the new housing for-sale builders’ market, going forward.

Key Industry Players

Major companies operating in the new housing for-sale builders market are focused on adopting strategic collaborations to expedite the sale of new houses and gain a competitive edge in the market. These strategic collaborations are designed to enhance the marketing and sales efforts of new housing for-sale builders, increase brand visibility, and create opportunities for growth in a competitive market. For instance, in August 2023, Zillow Group Inc., a US-based tech real estate marketplace company, partnered with Redfin Corporation, a US-based real estate company, to provide Redfin users access to a broader selection of newly constructed houses for sale and to increase the visibility of home builder listings on Zillow, thereby facilitating a smoother home-buying process. As part of this strategic alliance, home builders will also promote their new construction communities to Redfin’s 50 million monthly visitors, which is a large client base. The fourth quarter of 2023 will see the start of builders that work with Zillow having their listings and communities syndicated to Redfin.

The new housing for-sale builders market report table of contents includes:

Executive Summary
New Housing For-Sale Builders Market Characteristics
New Housing For-Sale Builders Market Trends And Strategies
New Housing For-Sale Builders Market – Macro Economic Scenario
Global New Housing For-Sale Builders Market Size and Growth
New Housing For-Sale Builders Market Segmentation
New Housing For-Sale Builders Market Regional And Country Analysis

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Key Mergers And Acquisitions In The New Housing For-Sale Builders Market
New Housing For-Sale Builders Market Future Outlook and Potential Analysis
Appendix

List Of Tables:

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global New Housing For-Sale Builders Market, Segmentation By Property, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global New Housing For-Sale Builders Market, Segmentation By Business, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global New Housing For-Sale Builders Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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Table 74: Brookfield Corporation Financial Performance

Table 75: Keller Williams Realty Inc. Financial Performance

Table 76: Colliers International Group Inc. Financial Performance

Table 77: D.R. Horton Inc. Financial Performance

Table 78: Kaufman and Broad Home Corporation Financial Performance

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