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This is an accepted version of this page This is the latest accepted revision, reviewed on 24 February 2025. Process of building or assembling a building or infrastructure For other uses, see Construction (disambiguation). "Construction site" redirects here. Not to be confused with Construction Site (TV series). Construction site and equipment prepared for start of work in Cologne, Germany ...
New home construction, Pittsfield Township, Michigan Units under construction in Brighton, Victoria. Home construction or residential construction is the process of constructing a house, apartment building, or similar residential building [1] generally referred to as a 'home' when giving consideration to the people who might now or someday reside there.
The housing industry is the development, construction, and sale of homes. Its interests are represented in the United States by the National Association of Home Builders (NAHB). [2] In Australia the trade association representing the residential housing industry is the Housing Industry Association. [3]
The construction industry in the United States is one of the major sectors of the country's economy. [1] As of November 1, 2022 [update] there are over 745,000 general contractor LLCs employing over 7.6 million in its workforce , putting up almost US$1.4 trillion worth of structures annually.
Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of ...
Home or residential renovation is an almost $300 billion industry in the United States, [5] and a $48 billion industry in Canada. [6] [full citation needed] The average cost per project is $3,000 in the United States and $11,000–15,000 in Canada. Professional home improvement is ancient and goes back to the beginning of recorded civilization.
NAHB's various groups analyze policy issues, take the industry's story to the public through the media and other outlets, monitor and work toward improving the housing finance system, analyzing and forecasting economic and consumer trends, and educating, training, and disseminating information to members.
The following is a list of trades in construction. Bell hanger installs mechanical and electrical bell systems; Boilermaker, works in nuclear, oil and gas industry, shipyards, refineries, and chemical plants, on boilers, pressure vessels, and similar equipment. Carpenter, a craftsperson who performs carpentry, building mainly with wood. [1]