Green building was 23 percent of the homebuilding market last year, and it's expected to grow another ten percent in just two years, according to a McGraw-Hill study that was announced at the International Builders Show last week. The study, reported on by EcoBuilding Pulse, showed that the green homebuilding market accounted for about $36 billion last year. That number is expected to jump to $83 - $105 billion by 2016.

The report showed that during the downturn, builders who built green actually accelerated and those builders remained in business in bigger numbers than those who didn't build green. And as the market continues to improve, the study reported there could be a split between high-performance builders and those who continue to build according to traditional construction practices.

The study also showed that 68 percent of homebuilders said their buyers will pay more for green features; 84 percent of remodelers said clients would pay a premium. Read more...