Industry Trends
Each year at the International Builders’ Show, The New American Home displays the housing industry’s newest and most innovative technologies. The 2020 edition, a 6,428-square-foot home in Henderson, Nevada, shone a spotlight on consumers’ desire for smarter, healthier, more convenient living spaces.
We toured the space to see how well the show home aligns with marketplace trends our Insights team is tracking. Our take? The home’s design, décor and function support several themes that we think will continue to grow in 2020:
- Home automation products and the wellness movement are on the rise: Now a near-$20 billion industry1, smart home technology is growing by 22% each year.
- One quarter of homeowners desire homes that promote overall health2, helping grow wellness real estate to a $134 million industry in 2017 (with an additional 6% annual growth expected in the immediate future3).
- Though people are spending more time indoors these days4, the majority of people say increased access to nature has a positive effect on their well-being5 and look for ways to bring nature inside.
This year’s New American Home packaged beautiful spaces with innovative products for the homeowner who wants technology that makes life easier. It also incorporated biophilic design elements and seamless indoor-outdoor transitions.
Take a closer look:
The New American Home boasts neutral colors and clean, crisp lines, blending in with the desert landscape’s neutral tones. The exterior sets the tone for an interior that supports healthy indoor living.
An open-air entryway is filled with natural light and shallow pools of water.