Are you staying on top of the latest residential construction trends? Do you know what other builders’ margins are? Or how much net profit they are making?
Are you aware of the average salary for a building company owner? Or even the top software products they are using to systemize their building companies?
All of these answers and plenty more are available in the State of Residential Construction Industry (SORCI) 2023 Report.
What is the State of Residential Construction Industry Report?
This is detailed insider information from owners, directors, presidents and senior managers of residential construction companies. It covers stats and trends in marketing, sales, operations and the financials of building companies.
You can benchmark your building company against over 1,000+ of your direct competitors and unlock insights that you didn’t know existed.
The SORCI report reveals 100+ residential construction trends that are shaping the industry, including:
- Industry benchmarks showcasing the key factors driving success in residential building companies.
- The concerning trend that 91.1% of builders lack an understanding of the most crucial figure in their accounts.
- The number one sales and marketing challenge faced by residential home builders.
- The secret to delivering projects on time and why over 40% of builders still struggle with this.
- The average margin added to jobs by builders in Australia, New Zealand, the United States, and Canada.
- The average net profit that builders are seeing at the end of the year.
- The average owner's salary in a residential building company.
- Insights into your competitors' marketing and advertising expenditure.
- And much, much more.
Download the most comprehensive industry report in residential construction now.