Remodelers and builders are increasingly committed in to green building, according to a McGraw Hill Construction’s Dodge Construction Market Forecast released Wednesday morning. 

The 2015 Smart Market Report, taking both quantitative and qualitative approaches, surveyed a total of 249 builders, remodelers, multifamily firms, and conducted nine in-depth interviews with homebuyers who purchased a home within the last year.

Nearly one-third (31%) of builders report that over 60% of home projects they've built this year featured green technology. By 2020, more than half (51%) of builders project that they'll reach that same level of green work.

“Our studies demonstrate that home builders still think of green homes as an important trend,” said Dr. Donna Laquidara-Carr, industry insights research director at Dodge Data & Analytics, during a Wednesday presentation at the 2015 Greenbuild conference in Washington, D.C. 

Remodelers and builders are driven by multiple factors to build greener homes, including customer demand (68%), energy cost increases (66%), green product availability and affordability (66%), greater valued recognized appraisers (66%), and code, ordinance, and regulation changes (65%).

One thing worth noting this year is that builders are considering those top five triggers almost equally important, instead of one or two triggers being dominant. According to Laquidara-Carr, this is a sign of a maturing green market.

The use of renewable technology has also grown over time. This year, 76% of surveyed builders report offering renewable energy on their projects, compared to 65% two years ago. By the year 2018, 85% of builders will offer renewable energy on their products.     

“The numbers that we have here are really striking,” said Dr. Laquidara-Carr. “We believe that builders are building greener because homeowners are gaining more knowledge, and there’s a greater consumer interest in these kind of projects.”

Head over to Remodeling to check out the interactive charts.

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