In Modular Housing
Single-Family Modular and Prefabricated Housing Construction Global Market Report 2022
According to a report on modular construction, in Europe and the US, the modular market value in new real estate construction is expected to reach $130 billion by 2030, delivering an annual cost saving of $20 billion. The significant cost savings is expected to drive the growth of the single-family modular and prefabricated housing construction market.
Source: Research and Markets, Single-Family Modular and Prefabricated Construction
Emerging Trends in Real Estate Annual Report
The Urban Land Institute and PwC researchers personally interviewed (1350) and surveyed (1600) people, who are home builders, residential land developers, commercial/ multifamily real estate developers, real estate investors, bank lenders, and investment managers in the US and Canada for their Emerging Trends in Real Estate 2021 report.
Once again, construction technology was at the top of the list of real estate disrupters in the survey. Many interviewees believe that modular construction solutions that address labor shortages have reached the point where they make more sense from a cost perspective and are seeing greater adoption as a result.
Source: Emerging Trends in Real Estate 2021 survey. PwC and the Urban Land Institute. Emerging Trends in Real Estate® 2021 - US & Canada (pwc.com)