Companies in this industry construct and renovate residential buildings. Major companies include DR Horton, KB Home, Lennar, NVR, and PulteGroup (all based in the US), as well as Country Garden Holdings (Hong Kong), Daiwa House (Japan), and Desarrolladora Homex (Mexico).
Demand is driven by population growth and economic growth. The profitability of individual companies depends on efficient operations and securing favorable building locations. Large builders enjoy economies of scale in purchasing. Small companies can compete effectively by specializing in a certain type of home or by focusing on a specific geographic area.