Who Builds America's Homes: US Homebuilders Map

Who Builds America's Homes

Homebuilding looks fragmented. At the top it is not, and it gets less fragmented every downturn.

A handful of public builders — D.R. Horton, Lennar, PulteGroup, NVR, Toll Brothers, KB Home — put up a large and rising share of America's new homes. They have land banks and balance sheets the local builder cannot match. Every housing bust widens the gap instead of closing it. That is the business.

The quieter story is who owns them. Japanese housing giants — Sekisui House, Daiwa House, Sumitomo Forestry — have been buying US builders to escape a shrinking market at home. The sign on the lawn is often not the company keeping the profit.

The map flags those parent links and places each builder where it actually builds.

Companies & entities in this map

D.R. Horton, Lennar, PulteGroup, NVR (Ryan Homes), Toll Brothers, KB Home, Taylor Morrison, Meritage Homes, M/I Homes, Century Communities, Dream Finders Homes, LGI Homes, Green Brick Partners, Beazer Homes, Hovnanian, Smith Douglas Homes, Legacy Housing, Cavco Industries, Skyline Champion, Forestar (land), Tri Pointe Homes, Richmond American (MDC), Stanley Martin (+United), Woodside Homes

Muad'Dib Capital, the Atlas of the Physical Economy. For information only — not investment advice. Company lists are representative selections curated from public sources.