Good land is increasingly hard to find, big home builders will grow bigger, and consolidation will continue in the home-building industry, according to a report released this week by McGraw-Hill Construction and Deloitte & Touche LLP's real estate industry group. The report, based on a survey conducted by McGraw-Hill Construction's Industry Analytics and Alliances division, also found that high-end kitchen materials, tile flooring and wood flooring are a fast-growing trend in new-home construction. "In all aspects of the study, land was shown to be a critical commodity. It could create the largest roadblocks (supply and development delays), the most significant cost, and have the most important impact on profitability," McGraw-Hill and Deloitte and Touche officials said in an announcemen...
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