Global Industry Overview: Construction, Residential Building
Contractors in this segment of the world's construction industry create new residential structures, including single- and multifamily dwellings, as well as additions, alterations, remodeling, and repairs to residential buildings. For details on other aspects of the construction trades, see also Construction, Nonresidential Building and Engineering Services.
Industry Snapshot
While most residential buildings – whether for single families or multiple families – are constructed by local, domestic, small-scale operations, an estimated one-fifth of all construction worldwide is performed by large-scale companies. The international residential construction industry is dominated by well-funded U.S., European,...