This report forecasts 2017 US residential construction expenditures and sales of existing housing in US dollars; housing starts in units; and new residential floor space and average floor space per unit in square feet, Total residential construction expenditures are segmented by type in terms of new housing (further by single-unit and multiple-unit) and improvements. Housing starts are segmented by type in terms of manufactured, multiple unit, and single unit. Existing housing sales are provided in terms of region by South, West, Midwest, and Northeast.
To illustrate historical trends, total residential building construction expenditures and housing start segments are provided in an annual series from 2002 through 2012; those and the other various segments are reported at five-year intervals for 2007 and 2012. An Industry Overview section defines construction and housing types, and discusses market drivers and constraints.
A Housing Forecasts section assesses the impact of key drivers and constraints on each measure of the housing market over the forecast period.
Further analysis includes an Industry Structure section, which surveys the supply base and profiles the leading suppliers competing to serve the US residential construction industry. A one-page, introductory Highlights section summarizes key findings from this 20-page report, and a Resources section lists contributing sources as well as resources available for further research.