Large Builders Dominate the Housing Market

The home building industry has evolved over the years, with large-volume, well-funded production builders increasingly dominating the market. According to recent data from John Burns Research and Consulting, these companies are now responsible for building and selling a majority of new homes.

Data show that 62% of new homes are constructed by companies with one of four ownership models. Public companies hold the largest market share. This group accounts for 50% of overal home sales since 2022 and that figure is only expected to grow. Subsidiaries of larger companies make up 7% of all homes built and sold, while privately owned companies with publicly traded debt make up 4% of new homes. Meanwhile, regional private builders account for just 1% of the new-home market share.

The growing pool of well-financed public and private homebuilders will likely capture a rising share of US home sales going forward. Smaller local builders often struggle during periods of low demand, while larger, capital-backed homebuilders are better positioned to keep building, capitalize on growth cycles, and potentially stabilize the new home sector.

Pro Builder's annual Top 200 ranking of U.S. home builders by revenue estimates that those builders account for 31.6% of total home completions, a significantly higher number than home sales for a given year.