I usually build one big Trex deck a year compared to 5 wooden decks, generally due to cost (if you haven't researched this yet, you will see what I mean). Trex of 10 years ago is junk, we usually rip out 2-3 of these older decks a year that are stained, swollen, broken boards, etc..., too bad, because it was touted as a lifetime deck back then too. The new Trex has a PVC encapsulation, but it's still a mix of sawdust and plastic in the core, and the end grain is still going to be exposed, their new style of spacers keep the boards a full 3/16" gap to avoid any standing water that may happen on a sloppy install, and hopefully avoid any swelling of the boards. Anytime you have saw dust mixed in there, there's a potential for swelling and mold growth.
Overall, I wouldn't use it on my house primarily due to cost, especially if you use their railing system as well. When I have customers who want a composite deck, I've used Trex, Kleer, Inspirations, and a couple of others (these companies come and go every year) the past two years, I've stuck with only Trex. They have a great product line, good dealers, and fantastic customer support should you need it, they've been around for long time, and don't look like they're going to go away anytime soon. You will pay a little more for their name, but I think it's worth it.
You shouldn't have to stain it, but plan on washing it every year.
This was one we did last year, all Trex, decking and railings with their LED lighting system, I never take a "finished" picture because we're busy cleaning up and getting out of there, but it was a great deck, but it replaced a 14 year old Trex deck.... See what it looks like in 2028.