*****, *********, and **************** had the least space is available for new single-family home construction in the United States as of the last quarter of 2024. Austin, Atlanta, and Dallas were the cities with the highest lot index values, which were close to 100, indicating that they had an appropriate supply of single-family lots.

Graph and download economic data for Monthly Supply of New Houses in the United States (MSACSR) from Jan 1963 to May 2025 about supplies, new, housing, and USA.

Housing Starts in the United States decreased to 1256 Thousand units in May from 1392 Thousand units in April of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The United States home construction market, valued at approximately $700 billion in 2025, is experiencing robust growth, projected to maintain a compound annual growth rate (CAGR) exceeding 3% through 2033. This expansion is fueled by several key factors. Firstly, a persistent housing shortage, particularly in desirable urban areas like New York City, Los Angeles, and San Francisco, continues to drive demand. Secondly, favorable demographic trends, including millennial household formation and an increasing preference for homeownership, are bolstering the sector. Furthermore, low interest rates (though this is subject to change depending on economic conditions) have historically made mortgages more accessible, stimulating construction activity. However, the market isn't without its challenges. Rising material costs, labor shortages, and supply chain disruptions continue to exert upward pressure on construction prices, potentially impacting affordability and slowing growth in certain segments. The market is segmented by dwelling type (apartments & condominiums, villas, other), construction type (new construction, renovation), and geographic location, with significant activity concentrated in major metropolitan areas. The dominance of large national builders like D.R. Horton, Lennar Corp, and PulteGroup highlights the industry's consolidation trend, while the growth of multi-family construction reflects shifting urban preferences. Looking ahead, the market's trajectory will depend on macroeconomic factors, interest rate fluctuations, government policies impacting housing affordability, and the ability of the industry to address supply-chain and labor challenges. Innovation in construction technologies, sustainable building practices, and prefabricated homes are also emerging trends expected to significantly influence market dynamics over the forecast period. The competitive landscape is characterized by a mix of large publicly traded companies and smaller regional builders. While established players dominate the market share, opportunities exist for smaller firms specializing in niche markets, such as sustainable or luxury home construction, or those focused on specific geographic areas. The ongoing expansion of the market signifies significant potential for investment and growth, despite the hurdles currently impacting the sector. Addressing supply chain disruptions and labor shortages will be crucial for sustained growth. Continued demand in key urban centers and evolving consumer preferences toward specific dwelling types will be critical factors determining the market's future trajectory. Recent developments include: June 2022 - Pulte Homes - a national brand of PulteGroup, Inc. - announced the opening of its newest Boston-area community, Woodland Hill. Offering 46 new construction single-family homes in the charming town of Grafton, the community is conveniently located near schools, dining, and entertainment, with the Massachusetts Bay Transportation Authority commuter rail less than a mile away. The collection of home designs at Woodland Hill includes three two-story floor plans, ranging in size from 3,013 to 4,019 sq. ft. with four to six bedrooms, 2.5-3.5 baths, and 2-3 car garages. These spacious home designs feature flexible living spaces, plenty of natural light, gas fireplaces, and the signature Pulte Planning Center®, a unique multi-use workstation perfect for homework or a family office., December 2022 - D.R. Horton, Inc. announced the acquisition of Riggins Custom Homes, one of the largest builders in Northwest Arkansas. The homebuilding assets of Riggins Custom Homes and related entities (Riggins) acquired include approximately 3,000 lots, 170 homes in inventory, and 173 homes in the sales order backlog. For the trailing twelve months ended November 30, 2022, Riggins closed 153 homes (USD 48 million in revenue) with an average home size of approximately 1,925 square feet and an average sales price of USD 313,600. D.R. Horton expects to pay approximately USD 107 million in cash for the purchase, and the Company plans to combine the Riggins operations with the current D.R. Horton platform in Northwest Arkansas.. Notable trends are: High-interest Rates are Negatively Impacting the Market.

The North American residential construction market, valued at $850 million in 2025, is projected to experience robust growth, driven by several key factors. A burgeoning population, particularly in urban centers, coupled with increasing household formations, fuels consistent demand for new housing units. Furthermore, low mortgage interest rates (historically, though this is subject to fluctuation) and government incentives aimed at boosting homeownership have stimulated market activity. The market segmentation reveals a strong preference for single-family homes, particularly in suburban and rural areas, alongside a notable increase in multi-family dwellings catering to urban renters and the growing demand for rental properties. New construction continues to dominate the market share, although renovation and remodeling projects represent a significant and growing segment, particularly as existing housing stock ages and requires upgrades. Leading players like Lennar Corporation, D.R. Horton, and PulteGroup are well-positioned to capitalize on these trends, utilizing innovative building techniques and sustainable materials to meet evolving consumer preferences. However, the market also faces challenges. Rising material costs, labor shortages, and increasing regulatory compliance requirements pose significant headwinds. Supply chain disruptions, though less severe than in recent years, still impact project timelines and budgets. Furthermore, fluctuations in interest rates and economic uncertainty can influence buyer confidence and affect overall market demand. Despite these hurdles, the long-term outlook for the North American residential construction market remains positive, fueled by demographic shifts and sustained investment in infrastructure development. The market is expected to maintain a compound annual growth rate (CAGR) of 4.50% from 2025 to 2033, indicating a substantial expansion in market size and value over the forecast period. The continued evolution of building technologies, focusing on energy efficiency and smart home integration, will further shape market dynamics in the coming years. Recent developments include: December 2022: In southeast Columbus, D.R. Horton intends to build homes for USD 215 million., December 2022: According to the company's fourth-quarter results call, Lennar Corp. has decided not to proceed with its plans to spin off its multifamily subsidiary, Quarterra, by the end of the year owing to adverse market circumstances., December 2022: At the southeast corner of Idlewild Street and Plantation Road in south Fort Myers, a 17-acre site is being cleared. According to Lee County documents, the area will be transformed into the 52-home neighborhood of Addison Square. The land was purchased by Pulte Homes for USD 2.4 million in a deal facilitated by Chuck Mayhugh of Mayhugh Commercial Advisors. The homes will vary in price from more than USD 500,000 and have 1,600 to 3,400 square feet of living space, with the majority of the homesites being grouped together along a sizable, central lake. According to Pulte executives, construction on the model houses should start by the spring, with some of them being done by the summer.. Notable trends are: 800,000 Housing Units Must Be Built Annually in Mexico to Keep Up with Demand.

Land developers have recently faced a challenging landscape, characterized by escalating costs and heightened competition. The steep rise in purchase costs, driven by supply chain disruptions and a corresponding rise in wages because of labor shortages, has squeezed profit. Also, land developers have struggled to offload increased expenses onto customers because of intense competition from housing developers and nonresidential contractors. Particularly, these challenges have impacted smaller developers more than their larger counterparts, who possess the buffer to operate without immediate profit. Despite these hurdles, increased federal infrastructure funding has been a silver lining, providing new project opportunities that have somewhat counterbalanced these headwinds. Industry revenue has been increasing at a CAGR of 0.5% over the past five years to total an estimated $14.4 billion in 2025, including an estimated increase of 1.0% in 2025. Over the past five years, land developers have had a tumultuous performance trajectory. Following an initial boost from strong residential construction activity in 2020 and 2021, developers saw a slowdown because of rate hikes. This decline was further emphasized by reduced demand in commercial markets, notably in office and retail construction, affected by high vacancy rates, shifting work environments and e-commerce growth. However, land developers found relief in the burgeoning warehouse and AI data center markets, which presented large-scale projects requiring substantial land development work. The next five years present a mixed bag for land developers. While reductions in interest rates are expected to revitalize new residential construction – particularly single-family homes – and boost demand for land development, multifamily construction may continue to lag. Also, material and labor costs continuing to climb will hinder profit growth. Federal funding from the IIJA and acts supporting manufacturing promise continued project opportunities. Also, the trend of housing developers vertically integrating and bypassing traditional land development processes could pose significant challenges. Commercial construction activity ramping up will boost land developers' performance, with key markets like AI data center and hotel construction expanding strongly. Industry revenue is forecast to climb at a CAGR of 2.4% to total an estimated $16.2 billion through the end fo 2030.

Total Housing Inventory in the United States increased to 1540 Thousands in May from 1450 Thousands in April of 2025. This dataset includes a chart with historical data for the United States Total Housing Inventory.

The number of housing units in the United States has grown year-on-year and in 2024, there were approximately *** million homes. That was an increase of about one percent from the previous year. Homeownership in the U.S. Most of the housing stock in the U.S. is owner-occupied, meaning that the person who owns the home uses it as a primary residence. Homeownership is an integral part of the American Dream, with about *** in ***** Americans living in an owner-occupied home. For older generations, the homeownership rate is even higher, showing that buying a home is an important milestone in life. Housing transactions slowing down During the coronavirus pandemic, the U.S. experienced a housing market boom and witnessed an increase in the number of homes sold. Since 2020, when the market peaked, new homes transactions have slowed down and so have the sales of existing homes. That has affected the development of home prices, with several states across the country experiencing a decline in house prices.

This data release is a compilation of construction depth information for 12,383 active and inactive public-supply wells (PSWs) in California from various data sources. Construction data from multiple sources were indexed by the California State Water Resources Control Board Division of Drinking Water (DDW) primary station code (PS Code). Five different data sources were compared with the following priority order: 1, Local sources from select municipalities and water purveyors (Local); 2, Local DDW district data (DDW); 3, The United States Geological Survey (USGS) National Water Information System (NWIS); 4, The California State Water Resources Control Board Groundwater Ambient Monitoring and Assessment Groundwater Information System (SWRCB); and 5, USGS attribution of California Department of Water Resources well completion report data (WCR). For all data sources, the uppermost depth to the well's open or perforated interval was attributed as depth to top of perforations (ToP). The composite depth to bottom of well (Composite BOT) field was attributed from available construction data in the following priority order: 1, Depth to bottom of perforations (BoP); 2, Depth of completed well (Well Depth); 3; Borehole depth (Hole Depth). PSW ToPs and Composite BOTs from each of the five data sources were then compared and summary construction depths for both fields were selected for wells with multiple data sources according to the data-source priority order listed above. Case-by-case modifications to the final selected summary construction depths were made after priority order-based selection to ensure internal logical consistency (for example, ToP must not exceed Composite BOT). This data release contains eight tab-delimited text files. WellConstructionSourceData_Local.txt contains well construction-depth data, Composite BOT data-source attribution, and local agency data-source attribution for the Local data. WellConstructionSourceData_DDW.txt contains well construction-depth data and Composite BOT data-source attribution for the DDW data. WellConstructionSourceData_NWIS.txt contains well construction-depth data, Composite BOT data-source attribution, and USGS site identifiers for the NWIS data. WellConstructionSourceData_SWRCB.txt contains well construction-depth data and Composite BOT data-source attribution for the SWRCB data. WellConstructionSourceData_WCR.txt contains contains well construction depth data and Composite BOT data-source attribution for the WCR data. WellConstructionCompilation_ToP.txt contains all ToP data listed by data source. WellConstructionCompilation_BOT.txt contains all Composite BOT data listed by data source. WellConstructionCompilation_Summary.txt contains summary ToP and Composite BOT values for each well with data-source attribution for both construction fields. All construction depths are in units of feet below land surface and are reported to the nearest foot.

Graph and download economic data for Producer Price Index by Industry: Building Material and Supplies Dealers (PCU44414441) from Dec 2003 to May 2025 about dealers, materials, supplies, buildings, PPI, industry, inflation, price index, indexes, price, and USA.

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Construction Market Size 2025-2029

The construction market size is forecast to increase by USD 1,288.3 billion at a CAGR of 5.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the rise in residential and commercial infrastructure projects worldwide. This trend is fueled by increasing urbanization, population growth, and economic development in various regions. One key trend is the increasing adoption of green buildings, which are in the Innovator's stage in some regions and the Early Majority in others, leading to varying adoption rates and penetration levels. Furthermore, the integration of Artificial Intelligence (AI) in the construction sector is revolutionizing the industry, enhancing productivity, efficiency, and safety. As the industry evolves, companies must navigate this obstacle by exploring cost-effective solutions, such as shared equipment ownership models or renting, to remain competitive.
To capitalize on the market's potential, businesses should focus on innovation, collaboration, and operational excellence, ensuring they deliver high-quality projects on time and within budget. By addressing these challenges and embracing the opportunities presented by the market, companies can effectively position themselves for long-term success. Another key driver is the integration of Artificial Intelligence (AI) in the construction sector, which is revolutionizing the industry by improving efficiency, reducing costs, and enhancing safety.

What will be the Size of the Construction Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic market, securing permissions for building projects remains a crucial aspect of the industry. Cold storage facilities, a niche segment, continue to gain traction in the hospitality and leisure sectors, driven by innovative technologies and consumer demand. Smart cities are at the forefront of integrating sustainability regulations into commercial buildings, leading to increased usage of eco-friendly construction materials and raw resources. Site preparation and worker safety regulations are under constant scrutiny, ensuring compliance and adherence to industry standards.
The retail sector is also embracing technology, with the integration of automation and smart systems becoming increasingly common. Innovative technologies continue to shape the construction landscape, from 3D printing to modular construction, streamlining processes and reducing costs. Regardless, the industry's focus on sustainability and safety regulations ensures a responsible and forward-thinking approach to construction projects. However, the high cost of construction machinery poses a substantial challenge for market participants.

How is this Construction Industry segmented?

The construction industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Buildings construction
  Heavy and civil engineering construction
  Land planning and development
  Specialty trade contractors


End-user

  Private sector
  Public sector


Product

  Traditional
  Sustainable


Geography

  North America

    US
    Canada


  Europe

    Germany
    UK


  APAC

    China
    India
    Indonesia
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The buildings construction segment is estimated to witness significant growth during the forecast period. The market encompasses various sectors, with buildings construction being a prominent and evolving segment. This segment includes residential, commercial, and multifamily buildings, each contributing significantly to the market's growth. For instance, Egypt's ambitious project to develop a new administrative capital, the New Administrative Capital (NAC), is a notable example. Located approximately 45 kilometers east of Cairo, NAC is designed to alleviate overcrowding and pollution in the current capital. A key player in this transformation is the China State Construction Engineering Corporation (CSCEC), a Chinese state-owned enterprise. Meanwhile, smart cities are emerging as a significant trend in the construction industry.

Economic development and retail activities are integral to the market, with developers focusing on creating vibrant and sustainable communities. Civil engineering plays a crucial role in the development of infrastructure, including roads, bridges, and water supply systems. Climate change is a pressing concern, and the construction industry is responding by incorporating green and energy-efficient practices into their projects. Sustainability regulations are becoming increasi

The North American construction market, valued at $2.46 trillion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 4.82% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, increasing urbanization and population growth across the United States, Canada, and Mexico are creating significant demand for new residential and commercial buildings. Secondly, substantial investments in infrastructure projects, particularly in transportation networks and energy infrastructure upgrades, are stimulating considerable growth within the infrastructure construction segment. Furthermore, government initiatives promoting sustainable building practices and resilient infrastructure are further accelerating market expansion. The residential sector, encompassing new construction, additions, and renovations, constitutes a significant portion of the market, driven by strong housing demand and mortgage availability. Conversely, the commercial sector is experiencing growth fueled by expansion of existing businesses and the rise of e-commerce, necessitating more warehouse and logistics spaces. The industrial construction segment is also experiencing growth due to reshoring and near-shoring trends. However, the market is not without challenges. Rising material costs, labor shortages, and supply chain disruptions pose significant constraints on construction activity and project timelines. These factors contribute to increased project costs and potential delays. Furthermore, regulatory hurdles and permitting processes can impede project development. Despite these headwinds, the long-term outlook for the North American construction market remains positive, driven by sustained demand and ongoing investments in infrastructure and housing. Key players like Lennar Corporation, D.R. Horton, and Kiewit Corporation are well-positioned to capitalize on these opportunities while navigating the challenges. The market segmentation by construction type (additions, demolition, and new constructions) offers valuable insights into specific growth areas within this expansive sector. Recent developments include: June 2023: AXA XL's North American construction insurance business launched the Sustainability Circle. It is a network comprising 21 leaders in the sustainable construction industry. The goal of the initiative is to assist clients achieve their sustainability goals and enhance their construction risk management efforts., April 2023: Greystar Real Estate Partners LLC (“Greystar”) opened its flagship manufacturing facility for its modular construction business, Modern Living Solutions (“MLS”), which focuses on attainable and sustainable housing. The milestone was met with a ribbon-cutting ceremony at the western Pennsylvania site where MLS employed 170 full-time employees to execute the ramp-up and operations of its first modular factory.. Key drivers for this market are: Population Growth and Disposable Income, Demand from Office Sector Returning Post COVID-; Non-residential Construction on Upward Trend. Potential restraints include: Population Growth and Disposable Income, Demand from Office Sector Returning Post COVID-; Non-residential Construction on Upward Trend. Notable trends are: Residential Construction Segment Holds the Major Share in the Market.

House prices grew year-on-year in most states in the U.S. in the third quarter of 2024. The District of Columbia was the only exception, with a decline of ***** percent. The annual appreciation for single-family housing in the U.S. was **** percent, while in Hawaii—the state where homes appreciated the most—the increase exceeded ** percent. How have home prices developed in recent years? House price growth in the U.S. has been going strong for years. In 2024, the median sales price of a single-family home exceeded ******* U.S. dollars, up from ******* U.S. dollars five years ago. One of the factors driving house prices was the cost of credit. The record-low federal funds effective rate allowed mortgage lenders to set mortgage interest rates as low as *** percent. With interest rates on the rise, home buying has also slowed, causing fluctuations in house prices. Why are house prices growing? Many markets in the U.S. are overheated because supply has not been able to keep up with demand. How many homes enter the housing market depends on the construction output, whereas the availability of existing homes for purchase depends on many other factors, such as the willingness of owners to sell. Furthermore, growing investor appetite in the housing sector means that prospective homebuyers have some extra competition to worry about. In certain metros, for example, the share of homes bought by investors exceeded ** percent in 2024.

Graph and download economic data for Housing Inventory: Median Days on Market in the United States (MEDDAYONMARUS) from Jul 2016 to May 2025 about median and USA.

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Architectural Engineering And Construction Solutions (AECS) Market Size 2025-2029

The architectural engineering and construction solutions (AECS) market size is forecast to increase by USD 11.96 billion at a CAGR of 14.9% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing demand for large-scale project management in the construction industry. This trend is fueled by the need for more efficient and effective ways to manage complex projects, particularly those involving intricate designs and extensive budgets. Additionally, the popularity of cloud-based AECS is on the rise, enabling real-time collaboration and data accessibility from anywhere, leading to increased productivity and cost savings. However, the market faces challenges as well. Regulatory hurdles impact adoption, with stringent building codes and standards requiring solutions that adhere to specific regulations. Supply chain inconsistencies temper growth potential, as delays and disruptions in the supply of raw materials and components can significantly impact project timelines and budgets. Open-source companies offer a variety of business analytics tools and applications, which are freely available on the Internet. However, competition from open-source software poses a challenge to market players, requiring them to differentiate through additional features and services.
Competition from open-source software also poses a threat, offering lower costs but potentially sacrificing advanced features and support. Companies seeking to capitalize on market opportunities must navigate these challenges effectively, focusing on regulatory compliance, supply chain management, and differentiation through value-added services and advanced features.

What will be the Size of the Architectural Engineering And Construction Solutions (AECS) Market during the forecast period?

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The Architectural Engineering and Construction Solutions (AECS) market is experiencing significant advancements, driven by the integration of technology and evolving regulatory requirements. Cloud-based solutions are transforming project delivery, enabling real-time collaboration and data access for stakeholders. Building energy codes are becoming more stringent, necessitating the adoption of energy efficiency measures and building science expertise. Construction materials are evolving to include sustainable options, contributing to green building standards and practices. Construction risk assessment is a critical component of project management, with safety training and equipment essential for mitigating risks. Project lifecycle management tools facilitate efficient building envelope design, construction logistics, and cost control.
Heavy machinery and construction equipment are being optimized for performance and energy efficiency, while digital collaboration tools streamline communication and project schedule optimization. Construction innovations, such as BIM modeling software and construction simulation, enable more accurate project planning and execution. Renewable energy integration and waste management are key considerations for sustainable construction practices, with data analytics and environmental impact assessment playing essential roles in informed decision-making. Supply chain management and mobile applications further enhance project efficiency and productivity. Construction techniques are evolving to prioritize building performance optimization and project risk management, with a focus on the entire project lifecycle.

How is this Architectural Engineering And Construction Solutions (AECS) Industry segmented?

The architectural engineering and construction solutions (AECS) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Software
  Services


Deployment

  On-premises
  Cloud-based


Sector

  Large enterprises
  SMEs


End-user

  Construction and architecture
  Education
  Others


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan


  Rest of World (ROW)

By Product Insights

The software segment is estimated to witness significant growth during the forecast period.

The market has witnessed notable growth in recent years, driven by the expanding construction industry and the increasing adoption of advanced technologies. Laser scanning and drone technology have revolutionized quality control and site surveying, ensuring more accurate data and reducing errors. Historic preservation and environmental regulations have led to a greater focus on building performance analysis and energy modeling, with Net Zero Energy and LEED c

TO4 Task 3.1 - K Hovnanian Chicago, IL DOE Challenge Home Program Certified Home Constructed and Verified Specifications DOE Challenge Home Building envelope Ceiling R-49 blown fiberglass, Grade I Walls 2x4 framing @ 16 o.c. with R-13 fiberglass batts, Grade I and 1"" R-5 extruded polystyrene (XPS) insulating sheathing Frame Floors R-38 blown fiberglass, Grade I Basement Walls R-19 fiberglass batts draped full height, Grade I Basement Slab uninsulated Windows Above Grade: ENERGY STAR certified, U=0.29, SHGC=0.28 Basement: Non ENERGY STAR certified, U=0.29, SHGC=0.24 Infiltration 2 ACH 50 Mechanical systems Heat 95% AFUE sealed combustion natural gas furnace in conditioned space Goodman GMH950703BXAF Cooling 13 SEER split system Goodman GSX130301BC DHW AO Smith Vertex 100 0.96 EF natural gas tank water heater in 2nd floor utility closet Hot Water Distribution Redesigned trunk and branch Compliant with EPA WaterSense Efficient Distribution Requirements Ducts Located 100% in conditioned space via floor joists leak free to outside (5% or less) Ventilation Central Fan Integrated Supply (CFIS) ventilation with 6"" insulated outside air duct Fan Controller: Air Cycler FRV, with 6"" motorized damper 50 CFM outside air flow, 33% duty cycle (10 minutes on, 20 minutes off); ASHRAE 62.2-2010 compliance via an exhaust fan - Panasonic FV-08VQ5 WhisperCeiling Rerturn Pathways Active Return at Master Bedroom Transfer Grilles in Secondary Bedrooms Appliances, Lighting, MELs Lights 80% ENERGY STAR certified CFL Appliances ENERGY STAR certified refrigerator, dishwasher, and clothes washer; Natural gas range/oven and clothes dryer" STRUCTURE - Test House Lot 145 - 2013 DOE Challenge Test House Task 3.1 Bolingbrook, IL 60490 House is constructed and is DOE Challenge Verified by Don Nelson, a local rater. The purpose of this project was to evaluate integrated packages of advanced measures in individual test homes to assess their performance with respect to Building America Program goals, specifically compliance with the DOE Challenge Home Program. To that end, Building Science Corporation (BSC) consulted on the construction of five test houses by three cold climate production builders in three separate U.S. cities. (1) K. Hovnanian Homes, Chicago, Illinois (2) David Weekley Homes, Denver, Colorado (3) Transformations, Inc., Devens, Massachusetts. Overall, the builders have concluded that the energy related upgrades (either through the prescriptive or performance path) represent reasonable upgrades. The builders commented that while not every improvement in specification was cost effective (as in a reasonable payback period), many were improvements that could improve the marketability of the homes and serve to attract more energy efficiency discerning prospective homeowners. However, the builders did express reservations about the associated checklists and added certifications. An increase in administrative time was observed with all builders. The checklists and certifications also inherently increase cost due to: (1) Adding services to the scope of work for various trades, such as HERS Rater and heating, ventilation, and air conditioning contractor. (2) Increased material costs related to the checklists, especially the U.S. Environmental Protection Agency Indoor airPLUS and WaterSense Efficient Hot Water Distribution requirement. Ceiling - 18" cellulose Walls - 12" open cell spray foam in double stud walls Foundation - R-10 under slab, 3 1/2" closed-cell spray foam at walls Windows - Harvey U=0.20, SHGC=0.22 Infiltration - 1.0 sq in per 100 sq ft Heating - Mini split heat pump, 10.6 HSPF, 23 SEER Cooling - Mini split heat pump, 10.6 HSPF, 23 SEER DHW - 0.97 EF instantaneous propane water heater Ventilation - bathroom exhaust fans as basic option, HRV upgrade option Adams Circle Devens MA 01434 Cavite Street Devens, MA 01434

This dataset represents all City of Bend permit applications from 1993 to present as well as many historic permit applications from 1990-1993. Applications are generated using tax lot data from the time of submission combined with application attributes derived from City of Bend permitting software. Please note data is updated nightly and subject to change as applications are received and reviewed.Attribute Information:Field Name DescriptionObjectIDFor internal use.GNMasterProjectIDFor internal use.GNCommonIDFor internal use.PR_RecordIDFor internal use.ApplicationNumberThe tracking number for this application in The City of Bend permitting system.ApplicationDateThe date the application was submitted for review. IssueDateThe date the City of Bend issued the permit. If there is an Application Date but no Issue Date, this generally means the application is still under review.DateFinaledThe date the application had all its inspections completed. If there is an Issue Date but not a Date Finaled, this generally means the application is still under construction.SQFTThe estimate square footage of the work being proposed. The estimated square footage (if any) is supplied by the applicant and not verified by the City. UnitsThe number of housing units that will be constructed. Please note units are not verified until permit issuance. Data is subject to change.Affordable HousingIdentifier for permits related to affordable housing projects. OnSewerIdentifier for permits on properties served by City sewer. ProjectValuationThe estimated project cost of the work being proposed based on the fair market value. The estimate cost (if any) represents the best available information and is subject to change. ApplicationTypeThe application type code by category, such as new construction, demolition, renovation, addition, etc. TypeDescThe application type description by category, such as new construction, demolition, renovation, addition, etc. ApplicationStatusThe current status code for the application. Updated nightly. StatusDescThe current status description for the application. Updated nightly. BldgUseThe building use code by category, such as single family dwelling, duplex, multifamily, commercial or industrial, etc.UseDescThe building use description by category, such as single family dwelling, duplex, multifamily, commercial or industrial, etc.BuildingCategoryA description of whether the permit is for a residential or non-residential project.DeptCodeThe lead department managing the application review.DepartmentThe lead department managing the application review.OwnerThe owner of the property associated with this permit at the time of application. CensusStructureCodeThe census structure code. Permits for new housing units are classified into US Census Bureau-defined classifications.CensusStructureDescThe census structure description. Permits for new housing units are classified into US Census Bureau-defined classifications.AddressThe site address for the application. Please note if a project includes multiple addresses, only one is visible in this field.LOCIDFor internal use.SITADDIDFor internal use.TAXLOTThe tax lot for the application. Please note if a project includes multiple tax lots, only one is visible in this field.CENTERLINIDFor internal use.LocationFinaledFor internal use.GlobalIDFor internal use.CREATEDBYFor internal use.CREATEDDATEFor internal use.UPDATEDBYFor internal use.LASTUPDATEFor internal use.InfoFinaledFor internal use.OverallStatusFor internal use.Shape.STArea()For internal use.Shape.STLength()For internal use.For questions regarding permit applications, please visit The City of Bend Online Permit Center or call 541-388-5580. For questions related to the data please email GIS@bendoregon.gov.

The Latin American prefabricated wood building market is experiencing robust growth, fueled by a compound annual growth rate (CAGR) exceeding 4.50% from 2019 to 2033. This expansion is driven by several key factors. Increasing urbanization and a burgeoning middle class are boosting demand for affordable and sustainable housing solutions. Prefabricated wood buildings offer a quicker construction time compared to traditional methods, reducing project costs and timelines, a significant advantage in rapidly developing economies. Furthermore, the inherent sustainability of wood as a building material aligns with growing environmental concerns and government initiatives promoting green building practices. While a lack of skilled labor in some regions and potential supply chain challenges might pose restraints, the overall market trajectory remains positive. The market is segmented by application (residential, commercial, industrial) and geography (Brazil, Mexico, Argentina, Colombia, Chile, and the Rest of Latin America). Brazil, Mexico, and Argentina are expected to dominate the market due to their larger populations and significant infrastructure development. Key players like Green Magic Homes, VMD, and Modulbox are actively shaping the market through innovation and expanding their reach across the region. The rising adoption of modular construction techniques and technological advancements in prefabrication are further catalysts for market growth. While precise market sizing data is not fully provided, the substantial growth projection suggests significant market potential for investors and businesses entering this sector. The residential segment currently holds the largest market share, but the commercial and industrial sectors are predicted to experience accelerated growth driven by the efficiency and cost-effectiveness of prefabricated solutions for various types of commercial and industrial structures. The market's growth trajectory is expected to be influenced by several factors beyond the core drivers. Government policies supporting sustainable development and affordable housing will significantly impact market adoption. Technological advancements in wood processing and construction techniques, leading to improved design and efficiency, will also play a key role. Competition among existing players and the emergence of new entrants will shape market dynamics. Addressing the challenges related to skilled labor shortages and supply chain management is crucial for sustainable and inclusive market growth across all regions within Latin America. The continued demand for eco-friendly and cost-effective building solutions suggests a sustained period of growth and expansion for the Latin American prefabricated wood building market. Recent developments include: September 2022: Featuring a distinctive design flare, the future of modular houses in North Texas just got better. HiFAB, the newest project by Oaxaca Interests, a Dallas-based company, announced on September 2022 that it will be constructing a new studio and manufacturing facility in the Grand Prairie area of Dallas-Fort Worth. A spokeswoman informed Dallas Innovates that the facility is now under construction and that it should be operational by the end of January. The manufacturing floor will be 42,500 square feet, and the property will also include an additional office building and supply chain storage structures. By March 31st, the first residences should be available., September 2022: Brazil's naturally ventilated schools are built by GOAA using prefabricated panels. A facility for the Pequeno Principe School has been constructed by the Brazilian architectural firm Gusmo Otero Arquitetos Associados utilizing concrete and prefabricated panels on the outskirts of Ribeiro Preto. The institution's campus, which serves students in elementary school through high school, was finished earlier this year. There are four primary buildings on the site, with a combined area of 9,300 square meters.. Notable trends are: Increase of Urbanization in Chile Driving the Market.

Graph and download economic data for Housing Inventory: Active Listing Count in the United States (ACTLISCOUUS) from Jul 2016 to May 2025 about active listing, listing, and USA.

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Modular Construction Market In Healthcare Sector Size 2024-2028

The modular construction market in healthcare sector size is forecast to increase by USD 10.86 billion at a CAGR of 16.4% between 2023 and 2028. In the healthcare sector, modular construction, also known as off-site or prefabricated building, is gaining significant traction due to its capabilities in delivering customizable facilities. The increase in demand for healthcare services and customizable healthcare construction solutions is driving market growth, as modular construction allows for greater flexibility in design and layout. However, challenges persist, including concerns over standardization and weather-related issues. These challenges can be addressed through advancements in technology and collaboration between stakeholders. Modular facilities offer numerous benefits for the healthcare industry, particularly in the areas of therapeutics, biosimilars, and vaccines production. As the industry continues to evolve, modular construction will play an increasingly important role in meeting the unique needs of healthcare providers.

What will be the Size of the Market During the Forecast Period?

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The healthcare sector is witnessing a significant shift towards modular construction, with prefabricated buildings becoming an increasingly popular choice for constructing various facilities. This construction method offers several advantages, including efficient production, operational maintenance, and flexibility in design and scalability. One of the primary drivers for the growth of the modular construction market in healthcare is the technological advances in the industry. These advances enable the production of high-quality, customized modules off-site, reducing the need for extensive on-site work and minimizing weather-related concerns.

However, the market is not without its challenges. Regulations play a crucial role in shaping the modular construction landscape, with stringent guidelines in place to ensure the safety and quality of healthcare facilities. Inflation and raw material prices can also impact the profitability of modular construction projects. supply chain disruptions are another challenge that the market faces. Logistics and transportation of modules can be complex, and any delays or issues can significantly impact the project timeline and budget. The millennial population's growing demand for personalized healthcare services is also driving the adoption of modular construction in the sector. Modular facilities offer the flexibility to design and build customized therapeutic spaces, biosimilars manufacturing units, and temporary vaccines production facilities.

Furthermore, the use of modular construction in the healthcare sector is not limited to permanent structures. Temporary modular buildings are increasingly being used for various applications, such as emergency response facilities, quarantine centers, and field hospitals. In conclusion, the modular construction market in the healthcare sector presents several opportunities and challenges. While the advantages of this construction method are clear, the industry must address the challenges of regulations, supply chain disruptions, and inflation to fully realize its potential. With continued technological advances and a growing demand for personalized healthcare services, modular construction is poised to play a significant role in shaping the future of healthcare infrastructure.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Permanent modular construction
  Temporary modular construction


Application

  Civil use
  Military use


Geography

  North America

    US


  Europe

    Germany


  Asia

    China
    Japan


  Rest of World (ROW)

By Type Insights

The permanent modular construction segment is estimated to witness significant growth during the forecast period. Permanent modular construction is revolutionizing the healthcare sector in the modular construction market by offering a more efficient solution compared to conventional masonry and blockwork methods. These systems utilize prefabricated panels and interlocking components that can be easily assembled on-site, making them suitable for both below and above-ground wall applications. The permanence of these structures eliminates the need for dismantling after construction, as concrete is poured directly into the formwork, resulting in a permanent structure and substantial time savings. The lightweight and adaptable design of permanent modular construction enables swift installation and construction processes. This approach not only expedites the building process but also decreases transporta