Top Ten Homebuilders for 2020 Account for 30% of Marketshare

Washington, DC, February 2, 2021-The National Association of Home Builders (NAHB) released its 2020 top 10 builder listing. 

“For the second year in a row, the top 10 builders captured at least a 30% marketshare of new single-family home closings,” the organization reports. “The most recent findings show that these firms combined for 30.4% of new single-family home closings in 2019, according to data released by Builder Magazine.

The top ten builders, listed in order, are D.R. Horton with 8.6% of market closings; Lennar Corp. with 8.0%; PulteGroup with 3.8%; NVR with 3.0%; KB Homes with 1.8%; Taylor Morrison with 1.4%; Meritage Homes Corp. with 1.4%; Toll Brothers with 1.3%; Century Communities with 1.2%; and LGI Homes with 1.1%. 

“Data going back to 1989 shows a rising trend in the top 10 builder share. The share grew significantly from 1989 (8.7%) to 2006 (28.2%). For the next 10 years, the share remained fairly steady, between 25% and 27%, with slight dips in 2009 (23.9%) and in 2012 (24.2%). From 2017 to 2018, the top 10 share jumped significantly, rising 4.2 percentage points to 31.5%. This jump was mostly due to the acquisition of CalAtlantic by Lennar Corp. The top 10 share edged down slightly in 2019.