BUILDER | September 27, 2017
A new study out Wednesday from Dodge Data & Analytics and the National Association of Home Builders reports that green construction is rapidly gaining traction among both single family and multifamily home builders, according to new research published in the Green Multifamily and Single Family Homes 2017 SmartMarket Brief.
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% of their portfolio). By 2022, this number should increase to nearly one half in both the single family and multifamily sectors. Within this group, nearly 30% of multifamily builders fall into the category of "dedicated" green builders (more than 90% of their portfolio). On the single family side, the percentage of "dedicated" green builders is nearly 20%, but that share is expected to grow sizably by 2022.