Non-site building is the strategy to watch as the total market share of modular and panelized houses reached the largest share since 2008. Although it represents just 3% of the market share, obstacles in the construction industry may create an opportunity for non-site building.
The total market share of non-site built single-family homes was 3% of single-family completions in 2018, according to Census Bureau Survey of Construction data and NAHB analysis. This share is expected to rise moderately in 2019 and in the years ahead, due to the ongoing labor shortage in the residential construction sector and the need to lift labor productivity amid declining housing affordability.
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