For decades there has been a clear global trend to reduce the average living space in new residential homes due to rising land prices and housing construction costs, increased utility and maintenance expenses, and technical innovations supporting space-efficient living. In the last 15 years, the average new home size in Europe has decreased from 240sqm to 115sqm— more than a 50% reduction, and the prefab housing market has grown from 30,000 units per year to 80,000 units per year.
The carbon footprint of construction is also significantly reduced by the transition to manufactured housing, benefiting from both smaller home sizes and production efficiency on a per square meter basis.
Prefabricated, and modular homes have emerged as the modern solution to both cost of living and climate concerns.