Multifamily Housing Constructionin USA
USA Market Research and Industry Report
5 September 2007
Industry Code : 23322
This industry comprises establishments primarily responsible for the entire construction (i.e., new work, additions, alterations, and repairs) of multifamily residential housing units (e.g., high-rise, garden, and town house apartments where each unit is not separated by a ground-to-roof wall). The units may be constructed for sale as condominiums or cooperatives, or for rental as apartments. Establishments identified as multifamily construction management firms are also included in this industry. Establishments in this industry may perform work for others or on their own account for sale as speculative or operative builders. Kinds of establishments include multifamily housing general contractors, design builders, engineer-constructors, joint-venture contractors, and turnkey contractors.
The major products and services in this industry are:
| - | New multi-family house construction |
| - | Nonresidential building construction |
| - | Alterations and repairs to existing multi-family housing |
| - | Single-family house construction |
| - | Nonbuilding construction and other nonconstruction sales | |
The primary activities of this industry are:
| - | Construction of multifamily residential housing units |
| - | Construction of apartment complexes |
| - | Construction of condominiums |
| - | Construction of attached townhouses and duplexes |
| - | Construction multiunit accommodation for special needs: defense, aged care, campus housing | |
IBISWorld research reports contain trend analysis, statistics, market size information, industry growth rates as well as market share of competitors.
Major market segments are identified and also those forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information IBISWorld also provides 5 year forecasts for each industry.
Each comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.
Each comprehensive study also examines details such as the barriers to entry, operating cost structure (including averages), technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic location.
