Submitted by WA Contents
Green Housing Sector Still Going Strong
Architecture News - Aug 27, 2008 - 16:48 8298 views
The American housing industry is a mess, with homebuilding back to 1991levels, in the last banking and lending crisis. In June, according tothe New York Times,house prices were down 15.9% compared to a year ago, and sales weredown 35.3%. But one sector is shining: green building is up to between6% and 10% of the market this year, up from 2% in 2002 . According toan NAHB/ McGraw-Hill study, people buying green are after quality first, then energy savings, then "doing the right thing."
www.treehugger.com/files/2008/08/green-housing-going-strong.php