Dive Brief:

• The annual list of Housing Giants compiled by Professional Builder shows that revenues are definitely climbing toward pre-recession levels, but companies have had to accommodate a changed market, including building outside their previous niches and working in markets where business is available rather than just their traditional stomping grounds.
• The geographic changes have spurred consolidations as large companies move into new areas by acquiring builders in those markets.
• In the group of 293 companies that report for the annual listing, 225 had double-digit gains in revenues in 2013.

Dive Insight:

The 225 largest companies had total revenue of $75.4 billion derived from closing on 254,218 units. That's well above 2011's $42.3 billion on 172,750 closings, of course. However, companies say that the well-reported issues of a limited supply of lots, worker shortages and rising labor and materials costs remain as challenges this year.