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Green Building Survey Shows 20% Growth in 2005, 30%
in 2006
The research findings will be issued May 15 in the Residential Green Building edition of McGraw-Hill Construction's series of SmartMarket Reports. After several years of slow but steady growth across the country, the green home building movement -- which applies innovative and environmentally sensitive construction techniques and products to reduce energy and water consumption and improve residential comfort and safety -- is rapidly moving into the mainstream. By 2010, residential green building is expected to grow to $19 - $38 billion. "Green home building is at a tipping point among the builder population," said Harvey Bernstein, vice president of Industry Analytics and Alliances for McGraw-Hill Construction. "The data we recently collected indicates 2006 to 2007 is the time frame from which the builder population moves from a majority less involved to more involved with green building." To serve the growing green building market, Bernstein also noted that McGraw-Hill Construction in May will publish its first issue of GreenSource, a new magazine dedicated to the growing market for environmentally-responsible green buildings. GreenSource, with content developed in collaboration with BuildingGreen, Inc., will present news, features, case studies of important projects, and green product information to more than 40,000 architects, interior designers, building owners, and members of the U.S. Green Building Council. A new Web site dedicated to the green building industry has already been launched, at http://www.greensource.construction.com. |
