The Global View

Green homes a $20 billion market in 5 years

homeAs eco interest booms, the home building market looks set to soar: a new report expects it to rise from $2bn today to some $20bn in 5 years’ time.

According to the recently released Green Homeowner SmartMarket™ Report produced by McGraw-Hill Construction, the market for ‘true green homes’ is expected to rise from $2 billion to $20 billion over the next five years. According to the study, a ‘true green home’ is defined as homes that contain elements in 3 of 5 environmental building categories including: Energy Efficiency, Indoor Air Quality, Water Efficiency, Resource Efficiency, and Site Management.

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