Growth will continue to be led by privately financed projects, with commercial construction continuing to lead the way. Energy-related construction will become less of a drag in 2017, while public spending will continue to be lackluster.
The National Association of Home Builders (NAHB) announced that the third edition of the ICC/ASHRAE 700-2015 National Green Building Standard (NGBS) has been approved by the American National Standards Institute (ANSI) and is available for public use.
Aside from the obvious attraction to products, attendees had the opportunity to choose from more than 120 educational sessions covering building science, performance systems, business management and operations, design, land development and community planning, financing strategies, market forecasts, legal advice, sales marketing and customer focus, custom building and remodeling, and multifamily dwellings.
ABC chief economist Anirban Basu, AIA chief economist Kermit Baker, and NAHB chief economist David Crowe predicted continued construction industry growth in 2016 during a joint economic Web forecast.
During the prolonged housing downturn, green homes provided support to the ailing residential market and now promise to be an important element of the recovering market as well, according to a new study conducted by Dodge Data & Analytics.
Markets in 79 of the approximately 360 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the third quarter of 2015, according to the latest National Association of Home Builders (NAHB)/First American Leading Markets Index (LMI).
National Association of Home Builders (NAHB) surveys indicate that energy efficiency and sustainability are among the most-wanted features of home buyers and that builders are responding to this demand.
The National Association of Home Builders (NAHB) announced that it applauds Congress for authorizing the International Code Council (ICC) 700 National Green Building Standard (NGBS) for all military residential construction, which represents 16 percent of the federal real estate portfolio.
A growing economy, pent-up demand, competitive mortgage rates, and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles exist, according to economists who participated in the National Association of Home Builders (NAHB) 2014 Spring Construction Forecast Webinar.
Ninety-four percent of green homeowners responded that they would recommend a green home to a friend, according to a national survey of homeowners who purchased a National Green Building Standard (NGBS)-certified green home built within the past three years.