| November 26, 2008 |
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McGraw-Hill Construction, a part of The McGraw-Hill Companies, in partnership with the National Association of Home Builders (NAHB) National Green Building Program, released the full update to its 2006 study with 2008 green home building data. The new SmartMarket® Report, The Green Home Builder: Navigating for Success in a Down Economy, covers market opportunities, key triggers and obstacles, and trends in green home building practices from 2001 to 2007, such as the impact of the down market on this sector. Major findings include:
"Green building has definitely reached its upper tipping point," said Harvey M. Bernstein, McGraw-Hill Construction vice president of Industry Analytics, Alliances and Strategic Initiatives. "Builders can no longer ignore the benefits and market advantages of green building. Especially considering today's market and current economic situation, builders need to differentiate themselves from their competitors and hold steady or prosper in the down economy. Green building gives builders that opportunity to expand their market share and ride out this economic slump." "Education, training, advocacy and other services that NAHB offers its members help ensure that home builders and remodelers are prepared to go green," said Bob Jones, NAHB vice chairman/treasurer and a Michigan home builder. "This survey clearly indicates that the market is moving toward more sustainable home building practices, and our members are ready." The report also features special sections detailing government regulations, NAHB Green Home Rating Systems, and case studies on different types of green homes (e.g., customized, affordable, and large productions). Commentary on green-washing, product availability, brand awareness, and certification provides further background data and analysis of the market. To order a copy of The Green Home Builder: Navigating for Success in a Down Economy, visit this link. Previous SmartMarket Reports also available online include Global Green Building Trends, Greening of Corporate America, The Green Homeowner, Green Building: Health Care, and Green Building: Education. |
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