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Residential Green Building Increasingly Incentivized with Property Tax Credits

Green Building Law Update

Recognizing that while commercial construction is increasing building green, but that green residential construction lags in market share, local governments are increasingly looking to enact voluntary incentives to drive residential green building.

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ICC 700 Residential Green Certifications Will More Than Double in 2014

Green Building Law Update

As the residential green code is on the cusp of eclipsing 30,000 certifications, more than a dozen governments across the country are evaluating adopting mandates or incentives tied to ICC 700. In 2007, National Association of Home Builders and the International Code Council partnered to establish this residential green building code.

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Home Building Accounts for Nearly 3% of U.S. Labor Force

Pro Builder

million of those in the residential sector, according to the National Association of Home Builders. employed civilian labor force, residential construction workers accounted for 2.8% California, the country’s most populous state, also posts the largest share of residential construction workers at 3.3% Compared to the U.S.

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Shortages and Booming Builder Activity Pushes up OSB Prices

Pro Builder

While OSB has been used more heavily than plywood in residential construction due to the price of plywood, plywood prices plunged in the last month. The engineered-wood product is at a premium to southern yellow pine plywood for the first time since 2006, according to RBC Capital Markets analyst Paul Quinn. "We

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Housing Completions Expected to Boost Supply in 2022

Pro Builder

million, the highest share since 2006. . Supply chain hurdles have delayed new residential projects for the last several years, but a record number of units are currently under construction, and many are expected to be completed in the coming year and in 2023.

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Former Golf Courses Are Being Transformed Into Hubs for Housing Development

Pro Builder

New residential homes are taking over fairways on abandoned golf courses across the U.S., High housing demand in some regional markets is causing a flurry of new development on struggling golf courses, where builders say the opportunities for residential construction are endless. Wed, 05/25/2022 - 10:43.

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February Housing Starts Reached Highest Share Since 1973

Pro Builder

Residential construction starts rose to a new high in February, suggesting a boost in inventory after over a decade of scarce supply. Single-family starts are up to the highest level since December 2006 with 799 thousand total units, and multifamily units are up to a total of 784 thousand, the largest share since June 1974.

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