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2025 New Housing For-Sale Builders Industry Trends Report: Long-Term Outlook Through 2034
New Housing For-Sale Builders
How Large Will the New Housing For-Sale Builders Market Size By 2025?
The size of the new housing for-sale builders market has been witnessing a consistent growth over recent years. It is forecasted that the market will expand from $1922.42 billion in 2024 to $2005.25 billion in 2025, with a compound annual growth rate (CAGR) of 4.3%. Factors such as economic progression and consumer confidence, attractive mortgage rates, increase in population and urbanization, job creation and employment rate, coupled with government policies and incentives have contributed to the portfolio growth during the historical period.
How Big Is the New Housing For-Sale Builders Market Size Expected to Grow by 2029?
Robust expansion is anticipated in the forthcoming years for the new housing for-sale builders market, with forecasts suggesting a growth to $2550.98 billion by 2029, experiencing a compound annual growth rate (CAGR) of 6.2%. The expansion trajectory over this forecast period is likely linked to the shifts in millennial homeownership, issues of affordability, changes in interest rates, a focus on sustainable and energy-efficient infrastructure, and urban revitalization and redevelopment. The period under consideration also presents significant trends such as, partnering with proptech startups, promoting energy efficient and net-zero homes, a rising preference for modular and prefabricated construction, prioritizing design focused on wellness, and an increase in urbanization and mixed-use developments.
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Which Key Market Drivers Powering New Housing For-Sale Builders Market Expansion and Growth?
The escalation in population is anticipated to drive the progression of the new housing-for-sale builders market. The term population relates to numerous individuals of a solitary species capable of breeding and living together in the same environment. The expansion in the number of individuals arriving at reproductive maturity, consistent growth in the average life expectancy, and substantial alterations in the fertility rate are significant factors contributing to the escalating population. The population surge has sparked investor interest in affordable residential and commercial properties, particularly in metropolitan areas, thus positively impacting market growth. For example, the United Nations, a US-based intergovernmental organization, released data stating that the worldwide population peaked at 8 billion in 2022, an increase from 7.9 billion a year prior. Projections estimate that by 2030, the global population will touch 8.5 billion, and it will continue to rise to 9.7 billion by 2050. As such, it can be said that the escalating population is a significant factor contributing to the advancement of the new housing for-sale builders' market in the forthcoming period.
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What Are the Key Trends Driving New Housing For-Sale Builders Market Growth?
The adoption of technological innovations is emerging as a significant trend in the market for new housing for-sale builders. Firms in this sector are employing next-generation technologies, including AI-powered property tech tools, to maintain their market presence. For instance, in April 2024, Zillow, a real estate firm based in the US, incorporated AI into the heart of its operations to enrich the process of locating a home. By incorporating this tech into its platform, Zillow can refine pricing strategies and forecast trends in the housing market. This results in more precise property valuations and enhanced service for both property buyers and sellers. This AI-centric focus transforms unprocessed data into actionable insights and engaging user experiences.
What Are the Emerging Segments in the New Housing For-Sale Builders Market?
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
Subsegments:
1) By Residential: Single-Family Homes, Multi-Family Units, Townhouses
2) By Commercial: Retail Spaces, Office Buildings, Mixed-Use Developments
3) By Industrial: Warehouses, Manufacturing Facilities, Distribution Centers
4) By Land: Residential Lots, Commercial Land, Industrial Land
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Who Are the Global Leaders in the New Housing For-Sale Builders Market?
Major companies operating in the new housing for-sale builders market include Brookfield Corporation, D.R. Horton Inc., Kaufman and Broad Home Corporation, Lennar Corporation, TRI Pointe Group Inc., PulteGroup Inc., M/I Homes Inc., Toll Brothers Inc., Hovnanian Enterprises Inc., NVR Inc., Beazer Homes USA Inc., Fortin Construction Inc., Maronda Homes Inc., Taylor Morrison Home Corporation, Meritage Homes Corporation, Century Communities Inc., LGI Homes Inc., William Lyon Homes Inc., AV Homes Inc., M.D.C. Holdings Inc., Ashton Woods Homes LLC, Fischer Homes LLP, Gehan Homes Ltd., Highland Homes, David Weekley Homes Inc., Perry Homes LP
Which are the Top Profitable Regional Markets for the New Housing For-Sale Builders Industry?
Asia-Pacific was the largest region in the new housing for-sale builders market in 2024. 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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