Largest construction companies in the USA in 2022 by revenue | Statista

In 2022, the largest residential developer in the United States becameD.R. Horton, which took the leading position in terms of total income. In second place was the companyLennar Corporation, whose headquarters is located in Miami, Florida, and which managed to earn nearly 32 billion US dollars. In 2022, residential construction became the main source of income for Lennar Corp.

Increase in housing construction volumes

Against the backdrop of the global financial crisis that occurred from 2007 to 2009, the number of private residential units under construction significantly decreased. However, since then, the situation has gradually improved, although it has not reached the record levels of 2006.

Sales of new homes continue to rise.

It's not surprising that the sales volume of new homes shows a similar trend. The housing market crisis in 2008, which contributed to the global financial disaster, had a significant impact on residential real estate sales in the U.S. However, after the financial crisis ended, this market also began to gradually recover:

• From 2012 to 2020, there was an increase in the number of new homes sold.
• Starting from 2012, the number of single-story houses being built began to increase again, coinciding with the period of recovery in the real estate market.