Who Are the Leading Home Builders in the U.S.?
In its latest May/June 2024 issue, Pro Builder unveiled its annual Housing Giants report, which ranks the top U.S. home builders by revenue, closings, and type and location of homes built, and looks at the top trends affecting the business of home building.
The following NAHB members were among the top 20 out of more than 200 total companies:
- D.R. Horton
- Lennar
- PulteGroup
- Toll Brothers
- NVR
- Taylor Morrison
- KB Home
- Meritage Homes
- Clayton Properties Group
- M/I Homes
- Dream Finders Homes
- Tri Pointe Homes
- Century Communities
- Ashton Woods
- David Weekley Homes
- Shea Homes
- Perry Homes
- LGI Homes
In addition to the full list of rankings, Pro Builder also identifies trends within the industry, including challenges these companies faced in 2023, how consolidation is impacting market share, and how built-to-rent housing is factoring into the market.
Visit probuilder.com to learn more.
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Latest Economic News
The U.S. labor market rebounded in October, with nonfarm payroll employment increasing by 165,000 jobs and the unemployment rate declining to 4.1%. However, the improvement in overall employment contrasts with continued weakness in residential construction, where employment fell by 16,400 jobs, the largest monthly decline since March 2021.
New multifamily housing confidence weakened year-over-year in the third quarter, according to the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 41, down five points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 69, also down five points year-over-year.
Mortgage application activity declined in October as the 30-year fixed mortgage rate rose sharply again. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, fell 14.1% month-over-month in October on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were 39.8% lower.