Green Building Catches On

Window and Door
October 10, 2017
Markets

The Green Multifamily and Single Family Homes 2017 SmartMarket Brief a new study from Dodge Data & Analytics, and the National Association of Home Builders reports that green construction is gaining traction among both single family and multifamily home builders.

At least one-third of single family and multifamily builders who were surveyed said that green building is a significant portion of their overall activity (more than 60 percent of their portfolio). By 2022, this number should increase to nearly one-half in both the single family and multifamily sectors.

"These findings show that green building has become an established part of the residential construction landscape," says NAHB Chairman Granger MacDonald. "It is no longer a niche business; our members recognize the value of building green and are incorporating these elements into their standard business practices."

The report also found that a considerable number of builders are developing or plan to build net zero homes. Among those surveyed, 29 percent of single family home builders have built a net zero home in the past two years, and 44 percent expect to do so in the next two years. Builders see increased customer demand and a competitive advantage as the top two drivers to develop net zero homes, according to the study.