STEEL FRAMING ALLIANCE | FRAMEWORK ONLINE
September 3, 2008
MARKETPLACE
 
Green Home Building Market Expected To Double By 2012

Market research from McGraw-Hill Construction, New York, reports that the green home building market has “tipped” and is expected to double by 2012. The company’s survey focused on changes in green building activity between 2001 and 2007; the impact of the down market on green home building; opinions and preferences of builders for green materials and processes; and triggers and obstacles affecting green building expansion.

The major findings of the survey, which was co-sponsored by the National Association of Home Builders, Washington, D.C., include:

  • The residential green building market is expected to be worth $12 billion to $20 billion (6 to 10 percent of the market) this year.
  • In five years (2012), the market is expected to double from 12 to 20 percent market share or $40 billion to $70 billion.
  • Forty percent of builders think green building helps them market their homes in a down market.
  • Quality has emerged in this down market over energy cost savings as the most important reason for building green.

“We have hit the tipping point for builders going green,” said Harvey M. Bernstein, McGraw- Hill Construction vice president of industry analytics, alliances and strategic initiatives. “This year the number of builders who are moderately green—those with 30 percent green projects—has surpassed those with a low share of green—those who are green in less than 15 percent of their projects. Next year, we will see even greater growth, with highly green builders—those with 60 percent green projects—surpassing those with a low share of green. This year has seen an 8 percent jump over last year, and we expect another 10 percent increase next year.”

The results will be incorporated into a new issue of the McGraw-Hill Construction SmartMarket Report series, which is available in late June at www.analyticsstore.construction.com.

Source: Metal Building Developer, July/August 2008

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September 25, 2008
“It’s All Green. Are you?: LEED, the New National Green Building Standard and Green Globes” to be presented by Maribeth Rizzuto, LEED AP and SFA Director of Education and Sustainable Construction
Florida CFSEI chapter meeting
6 p.m.
Orlando, Florida
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October 1, 2008
Steel Framing Alliance 10th Anniversary Dinner
Begins at 6:30 p.m.
Hyatt Regency Baltimore, Baltimore, Maryland
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October 1-3, 2008
METALCON International
Baltimore, Maryland
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October 14-15, 2008
19th International Specialty Conference on Cold-Formed Steel Structures
Hilton St. Louis at the Ballpark
1 North Broadway
St. Louis, MO More

 
 

November 19-20, 2008
STEEL Doing It Right – Southern California
Carpenters Local #2361
1916 W. Chapman Ave.
Orange, CA More

 



 


 
 


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Brought to you by the Steel Framing Alliance (SFA) on the first Wednesday of each month, Framework Online arms you with the latest news and commentary on the steel framing and construction industries. In addition to industry headlines, trends and project profiles, Framework Online provides information and ideas that will better enable members to increase their participation in the residential and commercial construction markets.