Hawaii’s Construction Market Reshapes Itself Around Housing in 2025

Hawaiʻi’s construction landscape is undergoing its most significant reshaping in over a decade. As shown across all islands, private-sector work—especially multi-family and single-family housing—now dominates statewide activity, overtaking the large public projects that once drove the market. In 2025, housing construction accounts for the largest share of total value, reflecting growing urgency around affordability and supply. Meanwhile, public and federal construction have contracted sharply, institutional investment is surging, and island-by-island trends show distinct differences in how each county is responding to local needs. This report unpacks the full statewide and county-level data behind Hawaiʻi’s construction realignment.