NAICS 236117 - New Housing Operative Builders
This U.S. industry comprises operative builders primarily responsible for the entire construction of new houses and other residential buildings, single-family and multifamily, on their own account for sale. Operative builders are also known as speculative or merchant builders.
Industry trends:
The New Housing Operative Builders sector (NAICS 236117) is currently experiencing several notable qualitative trends. Firstly, there is a significant shift towards sustainability and environmentally friendly building practices. Builders are increasingly incorporating energy-efficient technologies, renewable energy sources, and sustainable materials into new housing projects, driven by both regulatory requirements and consumer demand for greener living options.
Another trend is the growing emphasis on smart home technologies. New housing developments are increasingly featuring integrated smart systems that enhance convenience, security, and energy efficiency. This includes everything from automated lighting and climate control to advanced security systems and high-speed internet connectivity.
Urbanization continues to shape the industry, with a rising demand for multi-family housing in urban areas. This is partly due to the lifestyle preferences of millennials and Gen Z, who favor proximity to work and amenities. Consequently, there is a trend towards building high-density, mixed-use developments that combine residential, commercial, and recreational spaces.
Moreover, the industry is seeing a push towards modular and prefabricated building methods, which offer the benefits of reduced construction time, lower costs, and less material waste. This approach is gaining traction as builders seek to address labor shortages and improve overall efficiency.
Looking ahead, these trends are expected to continue influencing the New Housing Operative Builders sector. Sustainability, smart technology integration, urbanization, and innovative construction methods are likely to remain key focus areas, shaping the industry’s trajectory in the near future.
This industry is comprised of:
Apartment building operative builders
Cabin operative builders
Condominium operative builders
Cooperative apartment operative builders
Cottage operative builders
Custom builders, operative builders, multifamily buildings
Custom builders, operative builders, single-family home
Duplex operative builders
Garden apartment operative builders
High-rise apartment operative builders
Home builders, operative
Housing construction, merchant builder
Housing construction, operative builder
Log home operative builders
Low income housing construction operative builders
Low-rise apartment operative builders
Merchant builders (i.e., building on own land, for sale), residential
Modular housing, residential, assembled on site by operative builders
Multifamily building operative builders
Operative builders (i.e., building on own land, for sale), residential
Operative builders (i.e., building on own land, for sale), single-family housing
Panelized housing, residential, assembled on site by operative builders
Panelized multifamily housing assembled on site by operative builders
Precut housing, residential, assembled on site by operative builders
Premanufactured housing assembly on site by operative builders
Residential operative builders
Row house construction operative builders
Single-family housing built on own land for sale (i.e., operative builders)
Single-family housing construction operative builders
Speculative builders (i.e., building on own land, for sale), multifamily housing
Speculative builders (i.e., building on own land, for sale), residential
Speculative builders (i.e., building on own land, for sale), single-family housing
Time-share condominium construction operative builders
Town house construction operative builders
Vacation housing construction operative builders
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- Net Sales
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- Total Assets
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