Home construction is predicted to boom over the next two years, as publicly traded homebuilders continue the buying spree that started last summer and dramatically increase their land holdings coast to coast.

An analysis from John Burns Real Estate Consulting shows that builders have boosted their portfolios by 23% year over year through the first quarter. They've also paid for 30% more single-family permits over the last year than during the year prior⁠—a move analysts suggest underscores the rapidly expanding SFR and BFR markets, which have boomed during COVID. 

Most of the recently completed land buys are for large communities and involve buyers like Lennar, Meritage Homes, LGI Homes, Toll Brothers, and Green Brick Partners. Meritage Homes indicated on a recent earnings call that they expect their community counts to increase 20% year-over-year from the Q1 2021 numbers, while both Lennar and MDC suggest their counts will go up by 10%.