The residential construction industry is a sector of the economy that is responsible for the building and renovation of homes and other residential buildings. This industry includes a wide range of companies and professionals, including architects, engineers, contractors, and subcontractors, who work together to design, plan, and construct residential buildings.
The residential construction process typically involves several steps, including site preparation, foundation work, framing, installation of systems such as plumbing and electrical, and the finishing of the interior and exterior of the building. This process can be complex and requires a high level of coordination and cooperation among the various parties involved.
The residential construction industry is a crucial part of the economy, as it provides housing for people and communities and drives economic activity through the creation of jobs and the purchase of materials and services. In recent years, the industry has faced a number of challenges, such as changes in consumer preferences and regulatory pressures, but it remains a vital part of the economy.
Industry’s Top Companies:
- DR Horton
- Lennar
- NVR
- PulteGroup
- Toll Brothers
- Taylor Morrison
- Meritage Homes
- KB Home
- Skyline Champion
- LGI Homes
- MDC Holdings
- Cavco Industries
- Tri Pointe Homes
- Century Communities
