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GOODFIELD, Ill. — With continued supply chain delays and labor shortages, demand for new home construction over the past two years has drastically outpaced supply. But one slice of the industry that ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

This is a story about numbers, starting with 3.7 million, which is the amount of additional homes that the United States needs to meet demand, according to Freddie Mac. Other sources, such as Zillow, ...

Modular homes are built using an engineered approach to produce buildings in a more efficient and cost effect method that can deliver lower home prices per square foot. Instead of the traditional ...

Modular construction remains a booming trend across the contracting world. Modular design helps solve housing shortages, speeds up construction, and addresses rebuilding work after natural disasters.

The cost to build a modular home is between $180,000 to $360,000, with a national average cost of $270,000. Factors that affect the total cost of a modular home ...

Modular building, if brought to scale, has the potential to reduce construction costs and make building new homes more affordable, especially in areas experiencing severe affordable housing shortages.

We all know that the construction industry has issues, and frequently these boil down to us believing things should be delivered faster and cheaper. Progress, according to widely accepted thinking, ...

In a groundbreaking initiative that will impact up to 50 new hotels in the brand’s portfolio in the coming year, Marriott is making a significant investment in using modular technology to build its ...