New Housing For-Sale Builders

This U.S. industry comprises establishments primarily engaged in building new homes on land that is owned or controlled by the builder rather than the homebuyer or investor. The land is included with the sale of the home. Establishments in this industry build single-family and/or multifamily homes. These establishments are often referred to as merchant builders, but are also known as production or for-sale builders.

Building single-family houses for others as general contractors--are classified in U.S. Industry 236115, New Single-Family Housing Construction (except For-Sale Builders); Building multifamily residential buildings for others as general contractors--are classified in U.S. Industry 236116, New Multifamily Housing Construction (except For-Sale Builders); Remodeling or repairing existing houses and other residential buildings, either for others or on own account for sale--are classified in U.S. Industry 236118, Residential Remodelers; Performing specialized construction work on houses or other residential buildings, generally on a subcontract basis--are classified in Subsector 238, Specialty Trade Contractors; and Constructing and leasing residential buildings on their own account--are classified in Industry 531110, Lessors of Residential Buildings and Dwellings.