Each Pro Builder Housing Giants Report is a unique snapshot that reflects the perspective of a particular time. In the case of 2022, the last two years have seen some remarkable changes in our work and home lives due to the pandemic and its far-reaching impact. Some of those changes will have staying power, while others inevitably won't. And so it will be for the way home builders do business.
Unlike the upheaval caused by the Great Recession, the COVID-19 pandemic was a global catastrophe that actually boosted housing’s standing as an economic engine as consumers looked for more suitable places to work and learn, be safe, and invest their stimulus checks.
But any builder with enough experience and awareness knows the current view isn’t entirely rosy. Various challenges—record-setting sales prices for new homes, overall inflation across a wide swath of consumer and trade goods, and rising interest rates—are already combining to soften the demand for housing, while new-home production remains hampered by a fickle supply chain and a chronic dearth of skilled labor that dates back to well before the pandemic.
So, what now? Put on rose-colored glasses and ignore the signs of a slowdown or get a pair of binoculars to look out a bit farther to a new era of doing business?
One might argue that the builders on our Housing Giants list, ranked by home building revenue (see the list of the nation's biggest builders, below), will lead the charge to change. Not only did they continue to increase market share of all new-home closings in 2021, but they’re also more profitable.
The Biggest Builders in the U.S. by Revenue: 2022 Housing Giants
Scroll down to see the ranked list of 2022's Housing Giants. For an in-depth look at the challenges and opportunities facing home builders, and what's currently fueling the housing sector, take a look at the articles in Pro Builder's 2022 Housing Giants Report:
- Housing Giants 2022: What Now? The Housing Industry Post-Pandemic
- Housing, Industrialized: Marketing Industrialized Construction to Consumers
- Built-to-Rent: What Happens When the Dust Settles?
RELATED
MORE HOUSING GIANTS DATA: Additional 2022 Housing Giants ranking lists—U.S. home builders ranked by number of closings, housing types, and location of homes built
HOUSING GIANTS LIST LEGEND
2022 HOUSING GIANTS RANKINGS LIST
- Click the attachment below to access a PDF of the Housing Giants rankings list from Pro Builder's May/June 2022 issue: