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The US residential construction market size is forecast to increase by USD 231.92 billion at a CAGR of 4.45% between 2023 and 2028. The growth of the market is significantly influenced by various factors, including the escalating rates of household formation, favorable governmental policies and incentives aimed at bolstering real estate, and the concurrent rise in economic growth coupled with an increase in disposable income across the United States. These elements collectively contribute to a robust demand for residential properties, stimulating construction and driving growth within the real estate market. Additionally, the implementation of supportive policies and incentives encourages investment in real estate ventures, fostering a conducive environment for market expansion and development. The market is shaped by interest rates, borrowing rates, and inflation rate fluctuations, impacting home construction activity and asset values. Federal government spending packages, government stimulus programs, and evolving regulations influence building construction in residential and non-residential sectors. Younger generations face challenges like down payments, mortgage insurance, and credit score requirements, compounded by mortgage stress tests and debt service caps. Single-family home sales, median price trends, and supply-demand imbalances define the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Ma terial
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Customer Landscape
11 Drivers, Challenges, and Trends
12 Vendor Landscape
13 Vendor Analysis
14 Appendix
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