Sales of newly built, single-family homes rose in May according to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
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NAHB research shows that building 100 single-family homes in a typical metro area creates 297 full-time jobs and generates $28 million in wage and business income and $11.1 million in federal, state and local tax revenue.
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Spray polyurethane contractors can assist new homeowners in saving money on energy costs.
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New-home sales were up in three out of the four regions.
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New construction starts in October advanced 13% to a seasonally adjusted annual rate of $591.1 billion, according to Dodge Data & Analytics.
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The 2015 study, which surveyed 232 builders and remodelers from across the U.S., demonstrates that they recognize the benefits of green building
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"Tiny House Nation's" Zack Giffin Builds 170-Square-Foot House Showcasing Plastics, Energy Savings
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Housing market recovery bodes well for the spray polyurethane industry.
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New Home Sales Rise 5.7 Percent in August
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Builder confidence is at its highest since October 2005.
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By major sector, nonresidential building showed slight improvement following its lackluster June performance, while residential building maintained the strengthening trend witnessed over the past several months
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Plastic roofing is expected to experience above-average demand as its use in low-slope applications increases., while declines in average household size will still allow the number of households in the world to increase 1.6 percent annually, boosting demand for new housing.
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